They really got us in to this mess. Isn’t it great that we have politicians that pit us against each other? My neighbor is doing better than me, he must not be paying his fair share even though he is in a higher tax bracket which means he progressively pays more. It’s not enough that he pays more on his income with the same percentage, his percentage needs to be higher.

The Buffett thing is stupid. First he is not a hedge fund manager, right? The only loophole I am aware of is that hedge fund managers can get away with only having to pay capital gains, that is a loophole that I think should be stopped.

But Buffett is an a business owner. He pays capital gains on top of corporate taxes and also investment income which is taxed pre-investment. So it’s lying to say that Buffett only pays 15% and his secretary pays 20% or something. ALSO if his secretary only makes 60k then she probably pays like 7-8% after deductions and whatnot depending on her tax situation. No one actually pays their real tax bracket. I know I usually pay like 10-11%.

I am so tired of the so-called ‘Buffett’ example, makes me crazy. They are selling that Billionaires don’t have to pay as much. Now if you want to means-test social security/medicare and make people pay on their whole income for SS/Medicare EVEN though they won’t be receiving it so it is a pure transfer of wealth-OK I guess we’re stuck with that. I envision that will be one way we ‘FIX’ for medicare/SS, altho I think that is a travesty bc that is not how it was planned out. It was not a program to transfer wealth, it was basically a safety net program where people ‘in effect’ pay for their own services throughout their working career even tho its more of the Ponzi variety than it is a ‘savings program’.