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German rich petition for higher taxes on themselves!

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rosewater

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Nov 15, 2009, 10:27:01 AM11/15/09
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http://news.bbc.co.uk/2/hi/8321967.stm

How un-American!
Well, except for Warren Buffett.

They should be banned from this country.
Or maybe they already are on the Homeland Security list...


Thomas

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Nov 15, 2009, 9:16:30 PM11/15/09
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Why petition? Just write the damn check. Sounds like typical leftist
empty posturing and rhetoric to me.

And I love Warren Buffett to death for his business acumen. But, when
he likes to relate his little story about how his secretary pays taxes
at a higher rate than he, and he fails to mention that he is including
FICA, which as we all know is not a tax but a mandatory
retirement/disability insurance program, (Unless you think it IS a
wealth redistribution scheme!) then he is being intellectually
dishonest.

Anybody who knows anything about business knows that that FICA is only
collected on the first $106,800 of earned income for 2009. Benefits
are also capped lest you think the "rich" are getting a free ride on
the backs of the poor.

Only math deficient individuals or folks with an agenda would make the
mistake of including FICA deductions in a person's overall tax rate.
You make the call.

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