Posted by Brian
The "Wizard of Omaha" Warren Buffett, quick to portray himself as just a down-home every guy, and who has been a forceful voice for Obama's "soak the rich" tax plans hasn't been practicing what he preaches. The second richest man in the country, who has been lecturing us about the rich not paying their "fair share", appears to be the very greedy bastard he has been railing about.
It Turns Out Warren Buffett Is A Master Of Avoiding Taxes
The Daily Reckoning|April 04, 2012
Life isn’t fair. Some extremely smart people never make much money. Similarly, some rather stupid people seem to fall into it and make fortunes. Go figure. Then, there is Warren Buffett.
Warren is fond of playing the role of the “folksy” type who still lives in his modest house in nowhere Omaha and owns an old car he’s had for years. Just plain folk, he’d have you believe. Well, DON’T believe it! This is the same Buffett who constantly travels by private jet; is chauffeured by limousines wherever he goes; regularly stays at 5-star hotels; invests in deals not available to any other investors. Yet, he’d have you believe he’s just like you. Sure!
Lately, Warren has been a shill for Obama. Over and over again, we hear how good ole Warren “wants” to pay more taxes and thinks his wealthy buddies ought to follow suit. “We aren’t taxed enough,” he says. Well, let’s take a closer look at just where Warren stands when it really comes down to paying his taxes. Not at what he says about taxes but what he has actually done regarding the paying of taxes that he legitimately owes.
There are two recent cases where Warren has done everything possible to AVOID paying taxes that he actually owes. The first case involved a 14-year fight over the dividend-received deduction that was finally settled with the IRS in 2005. The second case is still pending after 10 years in which he owes just over $1 BILLION in back taxes. Both of these cases are well-documented and you can satisfy yourself simply by using Google to inquire as to the voracity of these assertions. Also note the timeframes of 14-years and 10+-years; not exactly a haphazard hissy fit. While you’re at it, you might also ask yourself “why” Warren says one thing in public discourse while he practices the exact opposite in his business and personal life. Is not that the definition of hypocrite?
Continue Reading
Showing posts with label Tax Evasion. Show all posts
Showing posts with label Tax Evasion. Show all posts
12/26/2012
11/17/2012
Media Was Silent On Obama Admins Tax Cheats While Hammering Romney Tax Returns
Posted by Brian
Remember when the media meme of the campaign was the Romney was "unqualified" to be President because, in their view, he didn't pay enough in taxes? Plus he was too rich, or something. Even the troll-like Harry Reid got into the bashing, falsely accusing Romney of paying no taxes during some years, claiming that he had inside information from some mysterious person. Of course he was unable to produce this mystery voice, so it can be safely assumed that it came from one of the many "friends" that old "dingy Harry" has running around in his head. Then, of course, there was the conniption fit that the left threw when he released his returns, and it was discovered that he payed more than he had to by not claiming the full $4 million charitible deduction he is allowed. Oh, the horror! "He did pay his fair share...and then some!"
One thing that you didn't hear from the propaganda machine which calls itself the media, is the number of people in the Obama Administration who not only didn't pay their "fair share", but who owe literally millions in back taxes to the IRS. While Obama is stirring up his sycophantic base with his class warfare rhetoric of "fairness", people in his own administration are cheating the system. Yet, not a peep from the media, save one lone story in January 2012. After that? Silence. I can only imagine the dressing-down that the reporter who ran the story got, just for doing some honest reporting.
Thanks to citizen reporters, like FireAndreaMitchell.com and others, we can actually get news that the media sees fit to hide.
FireAndreaMitchell.com reports that 36 Obama aides owe the IRS over $833K! That is just the tip of the iceberg. The EPA under Obama lackey Lisa Jackson has 413 people who owe over $19 MILLION back taxes, and the FDIC has 185 employees owing another $3 million.
Hypocrisy? You bet! Criminal neglect by the media? I'll let you decide.
36 Obama aides owe $833,970 in back taxes – media silent
Maybe the pink slime media is too caught up in Mitt Romney’s 12 year old tax returns or something. They sure don’t seem to care about the fact that *36* Obama aides owe a grand total of nearly a million in back taxes. $833,970 in back taxes is owed to the government by Obama’s government lackey aides.
Continue Reading
Remember when the media meme of the campaign was the Romney was "unqualified" to be President because, in their view, he didn't pay enough in taxes? Plus he was too rich, or something. Even the troll-like Harry Reid got into the bashing, falsely accusing Romney of paying no taxes during some years, claiming that he had inside information from some mysterious person. Of course he was unable to produce this mystery voice, so it can be safely assumed that it came from one of the many "friends" that old "dingy Harry" has running around in his head. Then, of course, there was the conniption fit that the left threw when he released his returns, and it was discovered that he payed more than he had to by not claiming the full $4 million charitible deduction he is allowed. Oh, the horror! "He did pay his fair share...and then some!"
One thing that you didn't hear from the propaganda machine which calls itself the media, is the number of people in the Obama Administration who not only didn't pay their "fair share", but who owe literally millions in back taxes to the IRS. While Obama is stirring up his sycophantic base with his class warfare rhetoric of "fairness", people in his own administration are cheating the system. Yet, not a peep from the media, save one lone story in January 2012. After that? Silence. I can only imagine the dressing-down that the reporter who ran the story got, just for doing some honest reporting.
Thanks to citizen reporters, like FireAndreaMitchell.com and others, we can actually get news that the media sees fit to hide.
FireAndreaMitchell.com reports that 36 Obama aides owe the IRS over $833K! That is just the tip of the iceberg. The EPA under Obama lackey Lisa Jackson has 413 people who owe over $19 MILLION back taxes, and the FDIC has 185 employees owing another $3 million.
Hypocrisy? You bet! Criminal neglect by the media? I'll let you decide.
36 Obama aides owe $833,970 in back taxes – media silent
Maybe the pink slime media is too caught up in Mitt Romney’s 12 year old tax returns or something. They sure don’t seem to care about the fact that *36* Obama aides owe a grand total of nearly a million in back taxes. $833,970 in back taxes is owed to the government by Obama’s government lackey aides.
Continue Reading
Related articles
- The Democrats Are Quietly Stealing Romney's Tax Plan (businessinsider.com)
- Remember That "$5 Trillion Tax Cut" Obama Was Blathering On About Last Night? Yeah, He Was Lying. (minx.cc)
- Obama Campaigning: $3 In Cuts For Every $1 In Taxes Obama at Debate: $2.5 in Cuts For Every $1 In Taxes Obama's Actual Plan: $3 In Taxes For Every $1 In Cuts (minx.cc)
- Mitt's Tax Info Undermines Dem Smears (commentarymagazine.com)
- Harry Reid takes to twitter to accuse Romney of 'manipulating' tax returns (redalertpolitics.com)
Subscribe to:
Posts (Atom)

