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Search: Posts Made By: ron99

Forum: Traders Hideout

July 29th, 2011, 09:47 AM

Replies: 4

Warren Buffet is "wrong" on taxes

Views: 1,461

Posted By ron99

A consumption based tax unfairly taxes the poor...

A consumption based tax unfairly taxes the poor at a higher rate than the rich because they spend more of what they earn than the rich do.

Oil companies get oil subsidies that other companies...

Forum: Traders Hideout

July 29th, 2011, 08:59 AM

Replies: 4

Warren Buffet is "wrong" on taxes

Views: 1,461

Posted By ron99

"The real tax rate on corporate income paid to...

"The real tax rate on corporate income paid to individuals through capital gains and dividends is not 15%. It is closer to 45% once you count the tax on corporate profits."

But that is assuming...

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