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Thread: Warren Buffett and i AGREE!!

  1. #1
    Join Date
    Oct 2004
    Posts
    747

    Post Warren Buffett and i AGREE!!

    Here ya go...



    *Congressional Reform Act of 2011*

    1. No Tenure / No Pension. A Congressman collects a salary while in office
    and receives no pay when they are out of office.

    2. Congress (past, present & future) participates in Social Security. All
    funds in the Congressional retirement fund move to the Social Security
    system immediately. All future funds flow into the Social Security system,
    and Congress participates with the American people. It may not be used for
    any other purpose.

    3. Congress can purchase their own retirement plan, just as all Americans
    do.

    4. Congress will no longer vote themselves a pay raise. Congressional pay
    will rise by the lower of CPI or 3%.

    5. Congress loses their current health care system and participates in the
    same health care system as the American people.

    6. Congress must equally abide by all laws they impose on the American
    people.

    7. All contracts with past and present Congressmen are void effective 1/1/12.
    The American people did not make this contract with Congressmen. Congressmen
    made all these contracts for themselves. Serving in Congress is an honor,
    not a career. The Founding Fathers envisioned citizen legislators, so ours
    should serve their term's), then go home and back to work.

    If each person contacts a minimum of twenty people then it will only take
    three days for most people (in the U.S.) to receive the message. Maybe it is
    time.

  2. #2
    Join Date
    Jun 2003
    Posts
    3,781

    Re: Warren Buffett and i AGREE!!

    one of the differences though Alex is that you don't owe $1billion in back taxes like buffet while complaining that the rich don't pay their fair share...

    both you and buffet know the difference between W-2'D salary income versus capital gaines income... but you're not lying to people telling them they are the same like buffet does when he compares his tax percentages to his secretaries... and for those of you who just get their news and info from the daily show and bill maher: capital gaines comes from investments of cash that have already been earned and already been taxed... that's why the percentage is lower... and not ONCE has an increase in capital gaines tax rates has it EVER produced ONE CENT more in revenue than the previous lower rate years... care to take a gander as to why?

  3. #3
    Join Date
    Oct 2004
    Posts
    747

    Re: Warren Buffett and i AGREE!!

    fully agreed...but the opinion above doesn't deal with that aspect of mr buffett. anyone who buys into his tax argument simply doesn't understand the tax system. (prob doesnt pay into it in the first place...)

    I say we tax the living in the parents basement benefit!

  4. #4
    Join Date
    Apr 1999
    Posts
    1,947

    Re: Warren Buffett and i AGREE!!

    No argument from me on these.

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