reader2000

It's pointless: for them their belief trumps facts.

Stop fabricating numbers. The US National debt is about $14.5 trillion, not anywhere close to 54 trillion.

Btw, the Bush tax cuts — costing $1.8 trillion from 2002 to 2009 — are a big reason we got into this deep hole.

Buffet: I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation.

Stop spreading lies - it's incomplete data! Do you work at FOX News or something?

It’s true that the top 1 percent of wage earners paid 38 percent of the federal income taxes in 2008. But people forget that the income tax is less than half of federal taxes and only one-fifth of taxes at all levels of government.

Social Security, Medicare and unemployment insurance taxes (known as payroll taxes) are paid mostly by the bottom 90 percent of wage earners. That’s because, once you reach $106,800 of income, you pay no more for Social Security, though the much smaller Medicare tax applies to all wages. Warren Buffett pays the exact same amount of Social Security taxes as someone who earns $106,800.