Tuesday, August 30, 2011

Pea is for Politics! Maybe you have heard or read somewhere that Warren Buffett believes he is not Taxed enough...well

Warren 'Raise My Taxes' Buffett's Company May Owe IRS $1 Billion

..."allegedly", his company owes the USA about $1 billion in back TAXES! Warren is also famous for saying, 'my secretary pays a higher tax rate than I do"> That's because his secretary receives a 'pay check" while Warren's income comes from "capital gains">  Capital Gain Tax rate is 15%. Earned Income rate goes anywhere from 10% to 35% & the Democrats want to make it 39%...


  • Bottom line? We, the People are not sending enough $$$ to Washington during this Recession. 
  • of course, statistically, the Recession ended in June of 2009. 
  • But! The slow growth & problems continue because of the  George Bush "tax cuts for the Rich!"
I am wound up and I could go on...but I will take a deep breath and be thankful I don't have 1st graders starting School today.
  • hope you had a Good Day in 1st grade today Justin...!

1 comment:

Gay Banker said...

Blog followers, the Oracle of Omaha, Has just loaned Bank of America $5 Billion. This will save their sorry butts, but "The Oracle" will receive 6% on the money along with a few other perks. Now what kind of a risk is that?