Just in case you live in a cave and haven’t heard, Warren Buffett is calling for more taxes on
himself :cough: [redacted] :cough: the rich.
Seriously, people, he didn’t get to be a multi billionaire by being as dumb as a box of rocks. He’s just dressing up that old nursery rhyme: Don’t tax you, don’t tax me, tax that fellow behind that tree. He has absolutely no intention of coughing up his dough regardless of what he says or what laws they pass. He knows that his assets are safe. He wants an income tax increase and he wants it on
the rich the guy busting his hump trying to raise the kids and get something put aside for the coming economic earthquake.
Buffett has enough money to burn a wet mule, but his assets are as safe as a bug in a rug. We could change his tune so fast he would sound like he’d just been castrated if we started proposing a tax on assets. He would be willing to have a 100% increase in the income tax and sing his happy little song about how we should all be happy to pay to live in this great country, but threaten to take 5% of his assets and he’d sound like Jim DeMint, Ronald Reagan and your local tea partier all in one.
I notice the same thing out of all these other liberal democrats. The Kennedy Trust fund is safe from the taxman; John Kerry’s gigolo money that he gets from John Heinz’s widow is safe from the taxman; my paycheck is in danger every day. Guess who wants to raise taxes? It’s not me.
Here’s the deal (and Buffett knows it) the rich have assets. The guy trying to get rich has income. These categories are not mutually exclusive, but neither are they identical. Income taxes do not hit the rich, they hit the wage earner. Warren Buffett knows this, as I said earlier, he didn’t get that rich by being stupid. The media who plays along with the lie? The President who uses it? I’ll not discount the possibility that they’re that stupid, but we’ve got to make sure the people who vote and who will ultimately decide what goes on in our government know the difference between taxing wage earners and taxing “the rich.”
And screw the media sycophants who play these stupid games.