Saturday, November 19, 2011

Hypocrisy, Thy Name Is Warren

Ace of Spades HQ: "NetJets also claimed that the IRS hadn't attempted to assess such taxes on rival fractional-jet businesses, placing the company "at a significant disadvantage."
Now on the face of it it seems Buffett's company is right. Why should people who own the jets pay a "ticket tax"? You don't buy a ticket to ride on something that you own.

But "corporate jet owners"? Aren't they the lowest of the low or something? And Buffett is suing to keep their costs down and protect them for unfair taxation?

Oh and remember when Obama wanted to change how evilllll "corporate jet owners" were taxed? Yeah, Buffett opposed that too.

Buffett and his management team have a fiduciary obligation to fight this on behalf of their clients. But the idea that Buffett then will turn around and say other people (presumably including most of these same clients) should be taxed at higher levels to satisfy his moral vanity is an amazing twist of logic.

Hypocrisy thy name is Liberalism (and always has been)."
Why does anyone believe anything these people say? Because of many decades of massive brainwashing and dumbing down, perhaps?

SHUT. THE. T.V. OFF. NOW.