You might all concur to do something to bail this nation out of its current scenario, and then you might all pat yourselves on that back and indulge in the praise about how generous and patriotic you are. It would be amazing!
So, as soon as again Warren Buffet is pushing the idea that the “Super Rich” must pay far more in taxes than they do currently. My response …
So, whats stopping them?
Do we truly require a lot of new tax laws enacted (wow, thats a can-o-worms I would simply as soon prevent) to get them to act?
Tell ya what, Mr. Buffet. Why do not you get all of the Super Rich together, and concern some sort of contract about how you want to deal with the circumstance? It would resemble some sort of enjoyable Super Rich convention.
Heres some concepts to get you began:
And, maybe most importantly – you could submit your tax returns utilizing the standard 1040-A kind and just take the standard reductions. Boy, would that suffice or what? You bet you d pay – you d pay a lot more than you do now. Its an easy service.
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Warren Buffet desires 30% very little tax for the wealthy( rt.com).
A “Buffet Tax” Resolution( volokh.com).
You might all provide your high paid accountants a “tax season off” and not take all of your write-offs.
Why Does Warren Buffet Think Its OK To Raise Taxes On The Very Rich?( frugalpig.com).
You might all send out the IRS a check with a note that says, “I am freely providing this to the individuals of the United States”.
Inform ya what, Mr. Buffet. Why do not you get all of the Super Rich together, and come to some sort of agreement about how you want to handle the circumstance? And, possibly finest of all – you might submit your tax returns using the standard 1040-A kind and just take the standard reductions. You bet you d pay – you d pay a lot more than you do now.
Possibly Warren Buffet doesnt understand much economics Tom Smith( rightcoast.typepad.com).
You might all voluntarily add a surcharge of 10% or more to whatever tax quantity you need to pay.