Monday, August 15, 2011

Dear Warren

While I appreciate your candor in your recent newspaper article, in which you opined that the rich in our nation should pay more in taxes, please keep it to yourself.

You see, while I'm not super-rich by any measure, I am working my butt off to bring my household's income to the level that President Obama says 'rich' starts at, $250,000 a year.  I've got a long way to go before that happens, but hard work will pay off over time.

As it stands now, I'm giving a lot of money to the government in both taxes I pay directly and money I give to businesses when they pass on their tax bills to me in the price of their goods and services.  I pay income tax, property tax, energy tax, sales tax, as well as taxes on many of the services that I purchase in order to maintain the level of comfortable living that I want.

I don't think I need to pay more taxes, and while you may envision only the rates for the highest earners going up, the slippery slope theory of tax law leads me to believe that when that particular snowball gets going, my tax rates will go up and my upward mobility will slow or stop.

Mr. Buffett, if you feel you should be giving more of your income to the government, please feel free to do so.  In the mean time, please allow the rest of us to do the same if we so choose, or to do something meaningful with our money, either through investing, spending, or saving.  In other words, do something that makes you feel good and leave the rest of us alone.

Sincerely,

Daddy J. Bear

2 comments:

North said...

Dear Warren,

You didn't become rich by paying taxes.

Please let us become rich the same way.

Josh K. said...

Dear Waren,

As someone who made Billions off of playing the margins and investing in sound Companies that give a good return on investment, how do you justify wanting others to throw their money away down the sinkhole that us our government.

If he was really serious about helping the world he would follow the Muhammad Yunus Social Business and micro finance model and do some real good.

But if he wants to piss it all away it's his money. If he doesn't realize how much good he already does buy just employing people at a good wage.

Oh well,
Josh

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