Have you noticed that everytime President Obams speaks on national television that the stock market takes a nose dive? There is a good reason for this...nobody believes in his hope and change any longer. He bailed out wall street which by the way did not need to be bailed out. There is more money in wall street then most small towns in America combined.
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| I will raise taxes & spend my way out of this economic slump! |
Even former President Bill Clinton voiced his opinion stateing that raising taxxes is the wrong thing to do to the American people.
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| September 22, 2011 |
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| Pondering who to tax next. |
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| September 22, 2011 |
President Obama says that rich Americans who create jobs for the American people need to pay their fair share of taxes and Billionaire Warren Buffett agrees with the President saying; that he is rich and can afford to pay more taxes and should be paying more taxes to the federal government and called on the lawmakers in D.C. to raise the tax rates on the rich.
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| "Warren Buffett's Hypocrisy" |
After several meetings with billionaire Warren Buffet President Obama has introduced the "Buffett Rule" requiring that the wealthy Americans pay more.
But the fact of the matter is that Billionaire investor Warren Buffett does not need the federal governments permission to pay more taxes he can pay an extra $10,000,000 to the IRS every year if he chooses to do so. The real problem is that Warren Buffett's own company Berkshire Hathaway has been in a legal battle with the IRS over the past ten years over back taxes owed to the federal government.
It is estimated that Billionaire Warren Buffett's company Berkshire Hathaway may owe the Internal Revenue Service $1,000,000,000 (ONE BILLION DOLLARS) in back taxes. The Berkshire Hathaway has around $372,000,000,000 (three hundred seventy two Billion) in total assets according to ALG (American for Limited Government).
How many hundreds of millions of dollars has Warren Buffett paid to lawyers to keep him from paying federal taxes? Can you believe that President Obama knows nothing about this back tax debt his buddy owes the IRS? He would have you believe so but how about TAX CHEAT Treasure Secretary Tim Geithner, is his head so far up his ass he can't or is President Obama concealling these findings from the American People and telling Tim Geitner to keep it quite?
Do your own homework look it up, it is in black and white for you to read. Open your eyes America because you are on a one way trip to poverty if you don't.
P.S. Everyone from Government to all News Media talk of the possibilities of a "Double Dip Recession" well I have news for you America we will never be in a "Double Dip Recession, we have never got out of the first recession!
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Outstanding post.
ReplyDeleteThe Current President's plan to "Fundamentally Transform" the USA includes the dismantling of our economic system. He must be pleased that he is dragging us all down, because when the masses of people are equally impoverished then the government will have an opportunity to control their lives thoroughly.