Why the rich should pay more in taxes

[Trample the Elderly]

Nimrod thinks the rich pay taxes! The rich can afford fancy lawyers, accountants, and have powerful friends that allow them to pay minor fines if they get caught evading, like Timothy Geithner.

"We don't pay taxes. Only the little people pay taxes. "

Leona Helmsley

I'm sure this logic will not get past your class envy.

[tryfuhl]

Originally Posted by Trample the Elderly

Nimrod thinks the rich pay taxes! The rich can afford fancy lawyers, accountants, and have powerful friends that allow them to pay minor fines if they get caught evading, like Timothy Geithner.

"We don't pay taxes. Only the little people pay taxes. "

Leona Helmsley

I'm sure this logic will not get past your class envy.

Indeed.. one of the world's richest men explains why he's a democrat:

Message to Wash. Post 's Romano: Warren Buffett explained why he supports Dems | Media Matters for America

Speaking at a $4,600-a-seat fundraiser in New York for Senator Hillary Clinton, Mr Buffett, who is worth an estimated $52 billion (£26 billion), said: "The 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you're in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent."

Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent.

[...]

Mr Buffett, who runs the investment group Berkshire Hathaway and is widely regarded as the world's most successful investor, said that he was a Democrat because Republicans are more likely to think: "I'm making $80 million a year -- God must have intended me to have a lower tax rate."