August 15, 2011

Note To Warren Buffett -- Cut The Check

Once again, we have a self-righteous rich guy demanding that government force him to give more money to the government.

In a New York Times op-ed on Monday, titled “Stop Coddling the Rich,” Buffett, Berkshire Hathaway’s chair and CEO, said he and his “mega-rich” friends have been spared the “shared sacrifice” the country’s leaders have asked for as the country veers toward a double-dip recession.

“While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks,” he wrote.

“These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.”

He observes that investment managers earn billions, but only pay a 15 percent tax rate.

Buffett said his 2010 tax bill, including income and payroll taxes, totaled $6,938,744 — or 17.4 percent of his taxable income. Most people in his office pay 33 to 41 percent, he said.

Let me remind Mr. Buffett of a couple of things.

First, if he is truly paying taxes at that rate, it probably is because he is availing himself of a lot of tax breaks and shelters that are legal under the laws of the United States. He doesn't have to use them -- nor does he have to take every deduction that he is legally entitled to. That he does indicates he is paying less by choice.

But more to the point, if Warren Buffett thinks he is under-paying, he does have an option -- cut a check to the US Government and mail it to the following address.

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782

Heck -- there is even a handy online form that will let you surrender that ill-gotten wealth to Uncle Sam without the time and expense of using a paper check.

Seriously, Warren, put your money where your mouth is. make the sacrifice voluntarily, rather than demanding that government force you to. In other words, live by your stated principles and show that you are the sort of patriot that you claim to be -- or admit that you lack the testicular fortitude to do what you believe is the right thing without the threat jackboot of government on your throat and a gun to your head to make you do it.

ADDENDUM: I can't help but note that Warren Buffett didn't have the manhood to rise to this same challenge when I put it to him last November when he whined about the same issue. But then I'm not surprised -- he didn't do it back in October of 2007 when he complained about being under-taxed and i offered the same suggestion. Nor did he do so the other two times when I posted this address for allegedly "patriotic millionaires" who believe government isn't confiscating enough of their wealth -- but aren't patriotic enough to make the payment voluntarily.

|| Greg, 05:01 AM || Permalink || Comments (19) || Comments || TrackBacks (0) ||

Trackback Information for Note To Warren Buffett -- Cut The Check

TrackBack URL for this entry:
Listed below are links to weblogs that reference 'Note To Warren Buffett -- Cut The Check'.

Comments on Note To Warren Buffett -- Cut The Check

I think someone missed the point. I suggest critical thinking before writing.

|| Posted by Get Real, August 15, 2011 11:12 AM ||

If you are reading this blog, you are poor. Since you are poor, you could benefit by agreeing with Buffett. It is not healthy to imagine yourself wealthy (either because of ego or in comparison to the TeeVee commercials you watch). The top 2% of taxpayers are keeping the entire 98% of America from progress. Look at your reality - not the reality you wish you had.

|| Posted by Jimbo, August 15, 2011 11:32 AM ||

"I think someone missed the point. I suggest critical thinking before writing.

|| Posted by Get Real, August 15, 2011 11:12 AM ||"

YES! Definitely missed the point.

|| Posted by Sobadiash, August 15, 2011 11:32 AM ||

Why is it I don't have the option to pay at 17%, and pay more "if I want to?" That way I could feel patriotic too!

|| Posted by Steve, August 15, 2011 02:17 PM ||

Hey -- I agree that the rest of us are overtaxed. We should cut EVERYONE'S tax rate to 17%, and cut government accordingly.

Well, not exactly -- we should also raise the rates of the 47% of Americans who pay $0 in income taxes to get them up to 17%

But as for Buffett -- if he feels he is underpaying, he has the option to put his money where his mouth is by writing a check for the difference. Unfortunately, for all his years complaining, he has failed to do that -- proving he really doesn't feel like he has a duty to pay more.

|| Posted by Rhymes With Right, August 15, 2011 03:46 PM ||

And let's be honest -- Buffett's argument would be significantly more persuasive if he did, in fact, put his money where his mouth is on this one.

|| Posted by Rhymes With Right, August 15, 2011 03:51 PM ||

Buffett is making policy recommendation, not suggesting charity. The U.S. is bogged down in two wars, is overextended financially, and if it wants to maintain a minimal safety net, it will have to raise taxes somewhat, as well as restructure the the safety net. This is the first time the U.S. has been at war where it cut taxes rather than raise them.

|| Posted by Zachriel, August 17, 2011 09:10 AM ||

And I'm arguing that Buffett, who claims he is not paying enough to the US government, is taking advantage of every provision of the tax code that allows him to allow him to lower his tax liability.

What's more, he has been putting forward this same argument for the last several years, constantly lamenting that he is underpaying.

Warren Buffett would have a whole lot more moral authority behind his argument if he quit structuring his finances to avoid taxes AND/OR wrote a check for the additional amount he believes he should be paying (maybe doing so retrospectively to cover the lower rates he has been paying since the Bush tax cuts).

But since he won't, it is clear that he lacks the integrity to live by his principles every bit as much as a crusader for chastity who makes her living as a prostitute.

|| Posted by Rhymes With Right, August 17, 2011 03:50 PM ||

Hello, Rhymes With Right.

We're having troubles commenting to your blog. Our comments keep disappearing. Please advise.


|| Posted by Zachriel, August 22, 2011 07:15 AM ||

You mean just like Michelle Bachman denounces government handouts as she and her husband pocket $150,000/yr for his "cure teh gay" clinic?

|| Posted by LanceThruster, August 25, 2011 02:36 PM ||

I'd argue that there is a fundamental difference -- the mental health clinic (which deals with much more than you claim it does) provides a service to patients. Some of those patients are on government programs, and therefore the clinic receives payments from the government. You would be complaining if the clinic refused to provide services for poor patients, so your argument itself is weak.

|| Posted by Rhymes With Right, August 25, 2011 03:36 PM ||


|| Posted by side, July 7, 2016 05:00 AM ||


|| Posted by cialis, July 9, 2016 01:46 AM ||


|| Posted by cheap_viagra, July 9, 2016 01:48 AM ||


|| Posted by viagra, July 9, 2016 01:50 AM ||


|| Posted by прокат_машин, July 19, 2016 02:56 PM ||


|| Posted by аренда_машин, July 22, 2016 03:39 PM ||


|| Posted by buy_viagra, August 23, 2016 10:45 PM ||

canadian pharmacy rayhealthcare viagra without subscription canadian pharm support group onlinepharmacy best price for generic viagra viagra overnight shipping online pharmacy no prescription rx customer care viagra canada free sample

|| Posted by ZacharyMes, February 5, 2017 08:06 PM ||
Post a comment

Remember personal info?




Winner - 2014 Fabulous 50 Blog Awards
Winner - 2014 Fabulous 50 Blog Awards

Winner - 2013 Fabulous 50 Blog Awards

Winner - 2012 Fabulous 50 Blog Awards

Winner - 2011 Fabulous 50 Blog Awards

Winner - 2010 Fabulous 50 Blog Awards

Winner - 2009 Fabulous 50 Blog Awards

Posts by Category

Abortion (posts: 2)
Announcements (posts: 13)
Blogging (posts: 187)
Border Issues & Immigration (posts: 421)
deferred (posts: 4)
Education (posts: 685)
Entertainment & Sports (posts: 483)
Guns & Gun Control (posts: 65)
History (posts: 329)
Humor (posts: 88)
Israel/Middle East (posts: 44)
Medical News (posts: 54)
Military (posts: 273)
News (posts: 1571)
Paid Advertising (posts: 234)
Personal (posts: 109)
Politics (posts: 5271)
Race & Racism (posts: 281)
Religion (posts: 819)
Terrorism (posts: 884)
Texas GOP Platform Reform Project (posts: 4)
The Courts (posts: 310)
Watcher's Council (posts: 482)
World Affairs (posts: 345)


January 2017
December 2016
November 2016
February 2016
January 2016
December 2015
November 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004
September 2004
August 2004
July 2004
June 2004
December 0000



Creative Commons License
This weblog is licensed under a Creative Commons License.

Powered By

Powered by
Movable Type 2.64

Administrative Stuff

Email Me
Syndicate this site (XML)

Advertising Disclosure


About Me

NAME: Greg
AGE: 50-ish
SEX: Male
OCCUPATION: Social Studies Teacher
LOCATION: Seabrook, TX
DISCLAIMER: All posts reflect my views alone, and not the view of my wife, my dogs, my employer, or anyone else. All comments reflect the view of the commenter, and permitting a comment to remain on this site in no way indicates my support for the ideas expressed in the comment.

Search This Site

Support This Site

Recent Entries

On Fake News
Who Cares About The Emoluments Clause?
If It Doesn't Bother You, It Should
Bromance Turns America Into Russian Satellite State
Because Many Americans Would Findf The Biblical Plagues To Be Preferable
Because When A Minority Wins An Election, The Majority Must Shut Up
Hope For The Future
My Resignation As Precinct Chair
Resolution Packet For GOP Precinct Conventions
Why #NeverTrump Is The Only Moral Position


Watchers Council
  • Ask Marion
  • Bookworm Room
  • The Colossus of Rhodey
  • The Glittering Eye
  • GrEaT sAtAn"S gIrLfRiEnD
  • The Independent Sentinel
  • JoshuaPundit
  • Liberty's Spirit
  • New Zeal
  • Nice Deb
  • The Noisy Room
  • The Razor
  • Rhymes With Right
  • The Right Planet
  • Simply Jews
  • Virginia Right!
  • Watcher Of Weasels

  • Political & Religious Blogs