Monday, 15 August 2011

A message for Warren Buffett - you're a hypocrite


The airwaves have filled to overflowing with leftie love for Warren Buffett following his announcement that he pays too little tax:

But for those making more than $1 million — there were 236,883 such households in 2009 — I would raise rates immediately on taxable income in excess of $1 million, including, of course, dividends and capital gains. And for those who make $10 million or more — there were 8,274 in 2009 — I would suggest an additional increase in rate.

My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice. 

Isn't he lovely! Such a delightful man, so caring to think of these things. Indeed to think that not only does he not pay enough but that there's lots of others who haven't been given an op-ed column in the New York Times who need to pay more taxes too.

Sorry Warren but you're a grade A, copper-bottomed hypocrite. If you actually want to pay over more of your money to the government, you know you can do that - now! And I notice that you haven't done this, have you. You've kept all that lovely lucre and then opined that the government should take more money off all the rich folk - including those who actually think they pay too much (or indeed, just the right amount) in taxes.

So go back to making loads of money for your shareholders and investors. And lay off the hypocrisy.



Pam Nash said...

In fairness, WB hasn't 'kept all that lovely lucre', in 2006 he pledged donations worth (then) $30 BILLION to the Bill & Melinda Gates Foundation. He's also said publicly that his children will get very little and promised that 99% of his fortune will go to charity.

Simon Cooke said...

This may be so Pam and is a great and generous thing but does not change the point I made - that the lucre he isn't paying in taxes is given away to good causes is mighty fine but he is saying he pays too little tax when he could pay more now.

Honorio said...

I have understand, he criticised that EVERY wealthy people should be more supportive whith the rest of society. I agree with him that the fair way to do that, is through taxes. I also agree with you, there is a lot of hypocrisy,although to be honest, I don´t see it where you have met the problem.