I Am Bored

Loads of viral videos, games, memes, lists and social networking for when you're bored. Updated every day, so visit often.
LatestPopularMost BookmarkedMost EmailedTop RatedMy FavoritesRandomChat
AllGamesFunnyEntertainmentQuizzesWeirdTechLifestyle, Arts & Lit.News & PoliticsScienceSportsMisc
Submit Content  





rss

friendsmore friends | add your site
Asylum

Holy Taco

Funny Videos

BuzzFeed

NothingToxic

Oddee

Mousebreaker

Online Games

Eat Liver

Online Games

Gorilla Mask

Full Downloads

Norway Games

Damn Cool Pics

Kontraband

Extreme Humor

X Hollywood

I Dont Like You

123 Games

Hollywoodtuna

Funny Games

Cool Stuff

Viva La Games

X - Vids

Smit Happens

Funny Videos

Funny Stuff

ebaumsworld



Back to Listing

Warren Buffet & Bill Gates Talk Taxes

Hits: 11488 | Rating: (3.4) | Category: News & Politics | Added by: madest
Page: 1 2 Next >   Jump to: Bottom    Last Post
Fatninja01
Male, 18-29, Australia
 24516 Posts
Sunday, August 14, 2011 7:51:15 PM
smrt :P

KPres
Male, 30-39, Eastern US
 309 Posts
Saturday, August 13, 2011 9:38:05 AM
"If you were listening, he made a comment about an assistant that has no choice but to pay more in taxes than he does, because said assistant isn't as rich and can't take advantage of as many loopholes as he can. "

Yeah, that assistant makes like $250,000/year. He/she is rich, too. That's just a case of one rich person finding more loopholes than another.

Regardless, it's just an anecdote.

The overall stats show the rich pay a significantly higher percentage than everybody else.

KPres
Male, 30-39, Eastern US
 309 Posts
Saturday, August 13, 2011 9:33:25 AM
"Gates may not have much to say, since he made his money through having a useful product and all that, but Buffett is an investor. He HAS to understand the rules of the world of economics, because he makes his money by playing the game."

Not true. Understanding the stock market =/= understanding the economy. Plus, Buffett is only successful because of his vast network of political connections that give him inside information about upcoming public policy.

KPres
Male, 30-39, Eastern US
 309 Posts
Saturday, August 13, 2011 9:28:09 AM
Too bad both Bill and Warren are demonstrably wrong. Our taxes are progressive no matter how you look at it (statutory, effective, whatever).

Fair tax = flat tax. The rich pay more than their fair share.

MrLill
Male, 18-29, Western US
 360 Posts
Wednesday, August 10, 2011 2:41:56 AM
anytime you hear a windows sound when opening, bill gates makes a dollar.

M_Archer
Male, 18-29, Canada
 529 Posts
Wednesday, August 10, 2011 12:05:31 AM
In that case you described, Jobs thought he was only going to get paid $750; it was implied that Wozniak was going to get only $375 at the end. You have a point, but their "contract" was too vague and open to many interpretations; in my mind, the accused is right in the case of ambiguity--but that's just me.

I quote your victim, Wozniak: "[Jobs is] not concerned with what contribution he’s making. He wants to astound himself, for himself." Apple almost went out of business with the "innovation" you said Apple did in the past. Now, they're one of the most successful corporations in the world. Jobs created something people will buy--he created wealth, because he wanted to astound himself for his own selfish reasons; I respect him for that.

And I'll say it again in case you didn't understand me the first time: your assertion that I "respect a con man" is textbook Argument from Intimidation fallacy.

Altaru
Male, 18-29, Eastern US
 3500 Posts
Tuesday, August 09, 2011 12:04:06 AM
Basically, what you respect is a snake-oil salesman. He has all the charisma, charm, and pretty words he needs to take advantage of people. Besides that he's a talent-less hack. Apparently that's respectable now.

Do you respect drug dealers too? After all, they make a product people want (or they convince people they want with the "first line's free" and other tactics), they can make it rich with said product, and they take advantage of "loopholes" to get out of paying taxes on the massive incomes they can make through selling the product.

Altaru
Male, 18-29, Eastern US
 3500 Posts
Monday, August 08, 2011 11:51:19 PM
Steve Jobs makes his money by creating products and selling them to people willing to buy them.

No, Steve Jobs makes his money by cheating other people out of their hard work. Ever hear what he did to Steve Wozniak with Atari?

Steve was supposed to design a circuit board for Breakout. He would be paid $100 for every chip eliminated from the circuitry. He had Woz do all the work, since he had neither knowledge nor interest in the subject (another example of him being a good con artist: he got a job with no knowledge of how to do it), claiming he would split the money evenly. Wox eliminated 50 chips. Steve only gave him $350. Apparently, half of $5000 is $350 now.

And that's what Jobs does. He's a con man, straight up. And it's because Apple is under his control now that it went from producing innovative technology to pretty, over-marketed and over-priced sh*t.

ak9882
Male, 18-29, Southern US
 39 Posts
Monday, August 08, 2011 9:03:27 PM
And to all of you who are saying "Let the rich keep the money that they have worked so hard to earn", I'm sorry to hear that you are siding with the Blankfein's of the world.

ak9882
Male, 18-29, Southern US
 39 Posts
Monday, August 08, 2011 8:55:45 PM
Buffett has no talent in economic theory? Do you know what his job is?

M_Archer
Male, 18-29, Canada
 529 Posts
Monday, August 08, 2011 6:29:16 PM
@Altaru: Steve Jobs makes his money by creating products and selling them to people willing to buy them. He created his wealth. Even if your dubious claims of him cheating the tax system are true (do you have a cite?), there is nothing immoral about him wanting to keep the wealth that he created that rightfully belongs to him.

And I don't believe that about that "the poor will rise up" since I don't believe that an entire class of people has the looter/thief mindset.

ThunderDiety
Male, 30-39, Western US
 19 Posts
Monday, August 08, 2011 12:15:48 PM
Most of the 100k people think they are the 100m people. That's why middle class and even lower classes than that get up in arms about taxes. Not smart enough to know what benefits the whole.

McGovern1981
Male, 30-39, Eastern US
 13291 Posts
Monday, August 08, 2011 11:10:40 AM
@Buiadh

Ya the UKs so fantastic how are those riots going for ya?? What's this I hear about a police shooting I thought you all thought "GUNZ IZ BAD!"???

McGovern1981
Male, 30-39, Eastern US
 13291 Posts
Monday, August 08, 2011 10:08:01 AM
Hmmm well considering they've deemed themselves the experts why don't they help bail out the country that made them rich???

Altaru
Male, 18-29, Eastern US
 3500 Posts
Monday, August 08, 2011 8:23:33 AM
neither of them has any conspicuous talent in economic theory. Why is their opinion any more relevant than mine?

Probably because they're insanely rich.

Gates may not have much to say, since he made his money through having a useful product and all that, but Buffett is an investor. He HAS to understand the rules of the world of economics, because he makes his money by playing the game.

So yes, at the very least Buffett DOES a fair amount of talent in economics. Not theory, practice, which is a hell of a lot more useful since it actually makes people rich and, you know, works in the real world.

chrn368
Male, 18-29, Western US
 173 Posts
Monday, August 08, 2011 8:02:09 AM
Well random because they are both multi-billionaires that run multi-billion dollar a year companies, They better have some intricate knowledge of tax systems, and they do. They know how to play it, that's why they're rich.

Altaru
Male, 18-29, Eastern US
 3500 Posts
Monday, August 08, 2011 7:46:02 AM
@Altaru: Your assertion is textbook Argument from Intimidation Fallacy.

It's more like historical accuracy.

The rich get richer, the bosses get bossier, the poor get poorer. Eventually, the poor get sick and tired of busting their asses so the rich and bosses can keep all that they've worked for.

The poor rise up, and things go to hell. Should we wait until that happens, or solve the problem now?

Altaru
Male, 18-29, Eastern US
 3500 Posts
Monday, August 08, 2011 7:38:14 AM
When you have to resort to picking apart your own syntax, you've already lost the argument Altaru.

I was simply pointing out that you apparently can't read. As I said, I said "two OF the," not "the two." If you can't even understand syntax, then you have no argument. You're just some moron throwing in his two cents.

Not that you're anything more than that anyway.

And I hardly think keeping your money that you rightfully earned is called "swindling".

Last I knew, getting money through cheating the system (not to mention the people with a sh*tty, over-marketed product) is considered swindling. And that's exactly how Steve jobs makes his money: by cheating the system.

There are plenty of examples of Steve Jobs cheating both the system and other people if you actually look into his past. Like I said: what you're supporting is abusing the system just because it can be abused. Because that's what S

Gerry1of1
Male, 50-59, Western US
 33910 Posts
Monday, August 08, 2011 7:33:04 AM

Nice to see the art of talking in circles hasn't died.

randomxnp
Male, 30-39, Europe
 1221 Posts
Monday, August 08, 2011 4:48:27 AM
"Even they agree our tax system benefits the wealthy"

Errrrmmmmm ... neither of them has any conspicuous talent in economic theory. Why is their opinion any more relevant than mine?

Errand_boy
Male, 30-39, Eastern US
 623 Posts
Sunday, August 07, 2011 11:51:45 PM
Who's the hottie at the end? Oh, wait!
Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble!
Rubble! Rubble! Rubble! Rubble!
Rubble!
Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble! Rubble!
Nice chat old chums. Until next wence we meet, CHEERIO!

LazyMe484
Male, 18-29, Canada
 10503 Posts
Sunday, August 07, 2011 11:05:26 PM
If you had $1 billion, and you wanted it to be used to create jobs, who would you give it to?

A. Warren Buffet
B. Bill Gates
C. Barack Obama



I would use it myself.

Bill Gates would donate it to AIDS research or Africa or something like that. Buffet would also donate it, and if not he'd just invest it with all his other stuff.
Obama would create some jobs, but he wouldn't use it entirely for that.

If it was down to me I'd use $100k of it to find out the "optimal job-making strategy", and then the rest to actually execute it. Maybe it would be a massive round of Dragons den, where it's all partitioned to promising entrepreneurs.

But my question is why? You have this obsession with "creating jobs" as if that will fix your problem entirely. It won't.

There are much better ways of using a billion than simply 'creating jobs'.

M_Archer
Male, 18-29, Canada
 529 Posts
Sunday, August 07, 2011 10:23:22 PM
@Altaru: Your assertion is textbook Argument from Intimidation Fallacy.

And I hardly think keeping your money that you rightfully earned is called "swindling".

OldOllie
Male, 60-69, Midwest US
 13937 Posts
Sunday, August 07, 2011 10:07:33 PM
If you had $1 billion, and you wanted it to be used to create jobs, who would you give it to?

A. Warren Buffet
B. Bill Gates
C. Barack Obama

Klamz
Male, 18-29, Eastern US
 693 Posts
Sunday, August 07, 2011 9:10:16 PM
When you have to resort to picking apart your own syntax, you've already lost the argument Altaru.

Page: 1 2 Next > 

You Must be Signed in to Add a Comment

If you've already got an I-Am-Bored.com account,
click here to sign in.

If you don't have an account yet,
Click Here to Create a Free Account
 

Back to Listing ^top


Bored | Suggest a Link | Advertise | Contact I Am Bored | About I Am Bored | Link to I Am Bored | Live Submission | Privacy | TOS | Ad Choices | Copyright Policy |
© 2014 Demand Media, Inc. All rights reserved.