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Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

Thanks John, I found the quote, though it's in Fortune, not Forbes.

You originally said, Buffett "hasn't paid a penny on his $81 billion dollar fortune." Now you say he paid $1.85 million in 2015 and extrapolated his entire tax payments over 40 years, though how you can do that is a mystery to me, and you called the $74 million you say he paid "a rounding error." To recap, first he paid nothing, then he paid $74 million, which is the same as nothing. I have to say, your ability to admit you were wrong and say you weren't wrong astounds me.

For anyone who is interested, here's the passage that quote comes from. The article, "The Biggest Difference Between Trump and Buffett on Taxes" talks about how Buffett thinks the rich should pay taxes and Trump thinks they shouldn't. Buffett comes off pretty well. I think the author of the piece agrees.

"In his response to Trumps claim, Buffett revealed that he paid $1.85 million in federal income tax on an income of $11.56 million in 2015, an effective rate of 16%. While this rate is based upon Buffetts income before deductions, an effective rate of 16% supports Buffett Rule advocates claims that millionaires are not paying their fair share. Clearly, tax savings were not Buffetts priority: He was only able to write off $3.47 million of his $2.85 billion in charitable contributions that year, since those deductions are limited to 30% of income.

"Buffett does not advocate that high-income individuals voluntarily pay more taxes, but that the law itself be changed to require them to pay more. He has also called for raising the capital gains tax rate and for raising or removing altogether the wage cap on Social Security taxes."

11 likes, 4 dislikes
Posted by David Safier on 11/06/2017 at 5:53 PM

Re: “Venerating Veterans

The cemetery staff counted nearly 300 people in attendance. There were over 100 motorcycles & trikes in the funeral procession.

Posted by Peter Redwine on 11/06/2017 at 5:08 PM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

"In his response to Trumps claim, Buffett revealed that he paid $1.85 million in federal income tax on an income of $11.56 million in 2015," Direct quote from Forbes

40 years of tax paying *1.85 millon = $74 million divided by $81 billion rounds to zero.

And, I can assure you, he hasn't paid that much.

Buffett, that lying crocodile, continues to advocate for higher taxes on all of his small business competition while he pays nothing.

39.6% Fed + 12.4% Social Security + 2.9% Medicare + 5% state + 5% sales + 20% regulatory load = 85%

A crushing load that has reduced our economic growth from the 4.7% and 3.6% final two years of Reagan to the 1.9% and 1.6% final two years of Obama.

Not a word in our Economics classes about how the U.S. has a GDP per capita 78% greater than Europe, about how our small businesses will pay over a $1 trillion in taxes this year while Europe's will pay less than $400 billion even though their rates are higher and they come from a population 180 million larger.

The U.S. has wealth because it had Reagan, because Reagan studied classical economics and knew Coolidge's tax and revenue record.

5 likes, 15 dislikes
Posted by jhuppent@hotmail.com on 11/06/2017 at 3:14 PM

Re: “Song of the Day: Billy Sedlmayr Weighs in on Miles Davis' Sleeping Giant 'Honky Tonk'

"He Loved Him Madly," Miles' elegy for Duke Ellington, occupies an entire side of GET UP WITH IT. "Maybe [Miles'] chops are a little shot on 'He Loved Him Madly' but emotionally, when the smoke has cleared, that will be regarded as one of his most profound statements. You could listen to it when you're depressed, when you're having sex or whatever." (Guitarist Robert Quine of Richard Hell & the Voidoids - Perfect Sound Forever - November 1997)

Posted by Andy Schwartz on 11/06/2017 at 2:45 PM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

One of the key messages here is the intellectual contortions well-credentialed academics will engage in to push fringe ideas that serve the narrow self-interest of their financial masters.

13 likes, 3 dislikes
Posted by Tom Rhodes on 11/06/2017 at 7:45 AM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

John Huppenthal, I looked for the Forbes article saying Buffett "hasn't paid a penny on his $81 billion dollar fortune." I couldn't find it. Could you supply us with a link? I'd love to read it. It would be helpful, but not necessary, if you would quote the passages you're referring to.

Thank you.

16 likes, 3 dislikes
Posted by David Safier on 11/06/2017 at 7:43 AM

Re: “The Skinny

From the jailhouse door to the Senate floor. Sheriff Joe: Arizona's next senator!!!

2 likes, 14 dislikes
Posted by Empire6969Pride on 11/05/2017 at 9:01 PM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

And just how much tax did Trump pay the last ten years? The world wonders. But he is a job creator. 70 foreign workers will get jobs at Mar A Lago, with hundreds in Palm Beach needing jobs. You know, Americans. That was my mistake.

19 likes, 6 dislikes
Posted by Frances Perkins on 11/05/2017 at 8:30 PM

Re: “The Koch Brothers Are Spending Money To Make Arizona's Education More To Their Liking

The world is 6,000 years old. We should have the freedom to let religious schools claim tax dollars to preach that falsehood. Praise Jesus. You want kids to learn the constitution? Start with Amendment 1.

15 likes, 4 dislikes
Posted by John Lentini on 11/05/2017 at 4:25 PM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

"Taxes are only paid by suckers and little people"

Exactly. Forbes did a big article on Warren Buffett's tax payments showing that he hasn't paid a penny on his $81 billion dollar fortune. Ditto Bezos, Zuckerberg, Gates, Google guys, etc. In other words, the people creating jobs for rich people don't have to pay taxes.

However, the people creating jobs for poor people, the most important jobs in society, struggle under the following load:

Federal 39.6%, plus Social Security 12.4%, plus Medicare 2.9%, plus state 5%, plus sales 5%, plus regulatory load 20%= 83%

Trump, by reducing this load to 50%, can immediately put 13 million people back to work who are sitting at home discouraged.

The stock market, up $5.2 trillion since election day to $28.6 trillion is by implicitly agreeing with Trump and is forecasting over 5% growth.

The hypocrisy of liberals is that they celebrate the greed of Bezos and Buffett's greed while beating up on small businesses being crushed by the government.

9 likes, 27 dislikes
Posted by jhuppent@hotmail.com on 11/05/2017 at 4:20 PM

Re: “The Skinny

The Tucson Weekly serves a unique purpose in my life, it provides free toilet paper.

6 likes, 18 dislikes
Posted by Empire6969Pride on 11/05/2017 at 4:06 PM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

The course just needs to be honest in its "philosophy". 1. Corporations are people too. 2. Poor people are solely responsible for being poor. 3. Greed is good. 4. Only governments that represent wide range of views and interests are evil, corporations are always good. 5. Taxes are paid only by suckers and little people. 6. Multi generational rich families only care about their country.

22 likes, 8 dislikes
Posted by Frances Perkins on 11/05/2017 at 9:32 AM

Re: “Flake: "Mr. President, I Rise Today To Say, 'Enough'"

After reading the comment thread, I'm wondering if Flake may be right to believe that only supporting Trmp 98% of the time will not satisfy Chem Trail Kelli's supporters in the state. But with his vote on the tax bill, he can now tell his children and grandchildren their inheritance is safe, and his own pension and healthcare are secure and ride off into the sunset with a hastily rewritten ending.

10 likes, 0 dislikes
Posted by Cascabel on 11/05/2017 at 7:35 AM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

"How about we have the ECON department rather than the PHILOSOPHY dept teach econ??"

How about we have the ECON department realize they are teaching philosophy??

Since 1980 Employment in the United States has increased 60% while Europe's employment has only increased 26%. This is one of the great movements in history. This is why economics exists - to be able to explain differences like this. Why this happened is obvious - explained by Nobel Prize-winning economist Edward Prescott. President Reagan reduced our top tax rate from 70% to 28% so that as our economy grew, its average tax burden did not increase, at least until 1999, and it was able to keep growing.

But, our economists are blinded by their philosophy, they can't teach that. So, are they teaching economics? Or, philosophy? And, aren't the Koch brothers trying to get our "education" system to teach economics?

Our education system is so blinded, that economics classes can't even say that differences exist between us and Europe. Like the fact that our GDP per capita is 78% higher.

11 likes, 23 dislikes
Posted by jhuppent@hotmail.com on 11/05/2017 at 6:20 AM

Re: “Song of the Day: Billy Sedlmayr on Rainer Ptacek's 'A Stone’s Throw Away'

slippy slap Bloppy!! Great gafloshnick, Blippy SedilMcamac

1 like, 4 dislikes
Posted by Ricky Gelb on 11/04/2017 at 11:54 PM

Re: “Song of the Day: Billy Sedlmayr on Rainer Ptacek's 'A Stone’s Throw Away'

Very well said, Sed. I think I was at Tumbleweeds that night. You describe the energy of the place and of the man's music perfectly. Thanks

Posted by Ronaldo Walkero on 11/04/2017 at 8:03 PM

Re: “Guest Opinion

https://thebaffler.com/latest/the-handmaid… This is a solid perspective on the extent of the bias in the book being used, and not biased by financial conflict of interest.

8 likes, 2 dislikes
Posted by Tom Rhodes on 11/04/2017 at 10:39 AM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

Can you people ever get over yourselves? What egotistical giberish. It"s no wonder that parents are fleeing the failed public school system. It was not intended to become someones fifedom.

12 likes, 26 dislikes
Posted by Jonathon K on 11/04/2017 at 6:17 AM

Re: “Guest Opinion

If ethics is truly embedded in this class, I think it should be aimed at AZ legislators instead of HS students.

11 likes, 1 dislike
Posted by Pima Mujer on 11/04/2017 at 5:39 AM

Re: “I Infantilize High School Students and Have Little Faith in the Intelligence of High School Teachers? Who Knew? (Certainly Not Me)

You were certainly attacked, but it was opportunistic rather than personal. McKenna's paragraph (that you excerpted) was polemical, notas he claimedobservational. It was a deliberate and deliberately contrived attempt to plant the notion that opposing his agenda was disrespectful to his targets.

It is a common dirty-politics technique, attempted regularly by other right wing pundits and tent preachers to push and promote entirely made-up things, simply for profit. And while it sometimes works, the technique itself is rooted in a disrespect of the listener's ability to see through it.

It doesn't really seem to be working this time.

25 likes, 10 dislikes
Posted by Jimmy Zuma on 11/03/2017 at 6:51 PM

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