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I should pay more tax, says US billionaire Warren Buffett

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  • #121
    Originally posted by Impaler[WrG]
    In response to Blake's thoughts on the valuation of work.

    Smart work always derives its value from the fact that it acts as a multiplier on the work of others.
    Hahahah. I hope you didn't mean to have that "always" there.

    But anyway I wasn't talking about managerial positions - but investment, the people who own the capital.

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    • #122
      Glad to know your mind reading skills are in good working order.
      You realize that he's a Canuck, right?
      "Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
      -Bokonon

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      • #123
        He's a Kiwi.
        I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
        For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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        • #124
          but a lot of it is because it is seen that the market cannot provide what is deemed to be necessary.
          The reason why his statement is laughable is not because it is not for the most part correct, but rather because it is not a rebuttal to my position.

          Nothing about that purpose of government has anything to do with what civic responsibility a citizen has with regards to paying taxes.
          "The DPRK is still in a state of war with the U.S. It's called a black out." - Che explaining why orbital nightime pictures of NK show few lights. Seriously.

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          • #125
            Originally posted by PLATO

            Glad to know your mind reading skills are in good working order.
            He's pretty much right about that.

            Even a conservative should believe that. The purpose of the government is to address those issues that the market will not provide; things like education, law, and a military are not effectively provided by the market so they are provided by the government (and should be).
            Except that they don't, or at least I suspect that some of them pretend they don't in order to **** things up to benefit their rich friends. It's no wonder that politics is so stupid these days.

            I don't think any sensible socialist thinks that we should inaugurate the communist society tomorrow, but that certainly doesn't mean that tossers like Blair and Brown aren't utterly deluded or fraudulent.
            Only feebs vote.

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            • #126
              Originally posted by snoopy369
              Even a conservative should believe that. The purpose of the government is to address those issues that the market will not provide; things like education, law, and a military are not effectively provided by the market so they are provided by the government (and should be).
              The only purpose that the government has is to do what we want it to do. There are no other limits.
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

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              • #127
                Originally posted by Agathon
                Taxation in modern liberal democracies has very little to do with redistribution of income for its own sake. Rather, it has to do with supplying goods that markets either won't supply at all or supply inefficiently (like health care). Welfare isn't much different. Most people dislike the idea of their fellow citizens living in squalor, and the other consequences of rampant poverty. And, people generally want to have some security if everything goes pear shaped. Welfare provides that for everyone.
                But people know that welfare isn't a good situation for people. They want people to have jobs and to live normal lives. Welfare isn't much of a market correction. It's doesn't fix the problems of capitalism. It's like a pain killer.
                I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                - Justice Brett Kavanaugh

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                • #128
                  Originally posted by Kuciwalker
                  From an economic point of view, having the bottom 80% of the citizenry with only ~10% of the financial wealth of the country is a fantastic idea...
                  What goal would be achieved by this?
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

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