Elizabeth Warren Supports Buffett Rule, But Opts Out of Paying ‘Voluntary’ Higher Taxes

When given the chance to put their own money where their mouths are, liberals tend to renege.

Having criticized her Republican opponent for voting against a millionaires’ tax measure, U.S. Senate candidate Elizabeth Warren said here Friday that she opted not to pay a voluntary higher tax rate in Massachusetts.

“I paid my taxes, and I did not make a charitable contribution to the state,” Warren, who worked with the Obama administration to create the new consumer financial protection bureau, said when asked if she paid a 5.85 percent state income tax instead of the standard 5.3 percent — a choice given to Massachusetts taxpayers.
http://www.realclearpolitics.com/articles/2012/04/20/warren_says_she_did_not_pay_voluntary_higher_tax.html

Elizabeth Warren also claims to be the “intellectual foundation” of the “Occupy”¬†protests.¬† Warren Buffett has yet to open his checkbook and give the IRS the difference between what he already pays and what he thinks he should.

1 thought on “Elizabeth Warren Supports Buffett Rule, But Opts Out of Paying ‘Voluntary’ Higher Taxes”

  1. off the reservation

    And the Socialist take over of America continues. In general, the population of this country is too stupid to understand the game being played. How can I say that, you ask? Quite simple, it took a majority to vote for Obama. That alone is prima facie of the rampant stupidity of this country’s population.

    Going forward with the argument however, income occurs under several different classifications, as broken down by the IRS. There is investment income. There is earned income credit, which has little to do with earning an income. There is income from self employment. There is dividend income. There is income from wind-fall profits. There is income from unemployment. There is income from retirement annuities. There is income from retirement investment distributions. There is income from municipality bonds. There is income from social security. There is income from insurance claims be it health, real property damage, etc. There is income from a passive activity. And I can go on and on.

    So this is where the liberal games begin. Since the 16th amendment was put in place through progressive ideals, the requirement that taxation be equal across all people regardles of race, religion, social class, etc., was brought to a halt. Yes, boys and girls. The one group who has always been outspoken about equality is the group that swept our country up in progressive heart-felt ideals of taxing people in a bigoted fashion. Look in Obamacare to see that insurance categories are divided among regions, race, and income. Further, the outcome heavily favors race over need to determine who gets health care and who does not.

    The IRS code was produced to favor various groups over other groups. If the likes of liberals like Warren Buffet and this liberal b1tch Elizabeth get their way, Obama will sign into law something that will raise taxes on various forms of income that will have nothing to do with the income that Warren Buffet makes. You see, the income Warren Buffet has is in the form of capital gains. He has structured his income to not be a salary so that he could avoid paying in the same tax structure as his secretary. So, in order to put Buffet in the same tax category as his secretary the Obama administration would have to destroy investment in business in this country. This is what Obama has been busy doing. Through increased regulation, Obamacare, and this new tax, Obama would make it so the only entity in this country that could conduct business would be the USeless Govt and all those friends of Obama.

    Buffet has structured trusts so that he can pass his entire empire onto his children practically tax free. The rest of us, inheritance tax and gift tax. Now that Buffet is making his money, he wants Obama to construct USeless Govt obstacles to other businesses being able to compete against him. The liberal lie is BIG. This is the Hitler BIG LIE. And like many of the Germans of the Wehrmacht, many Americans are looking to party more and Obama is looking to make the hard earners pay, pay, pay, so his people can party, party, party.

    Look to Obama. All you hard workers under the Obama plan will mutter: arbeit macht frei!

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