Conservatives Mock Buffett Rule With Hilarious Results

LOL 35

warren buffetPresident Obama has recently been touting the Buffett Rule, a proposed new tax on the uber-wealthy, named for famed billionaire Warren Buffet. Buffett has been vocal in his support for higher taxes on high-income earners, claiming that he pays fewer taxes than his secretary. 

No word on whether or not Buffett has voluntarily donated to the government.

This is such a dumb idea. First of all, why should we punish people for their financial success? Secondly, the wealthy already pay the lion’s share of the taxes in our country. All of those percentages being tossed around, like Warren Buffett paying a lower percentage than his two hundred thousand dollar a year secretary are skewed numbers, because no one seems to understands what “income” is. 

Super rich people make money from capital gains and dividends, which they then turn around and reinvest into the economy. Raising taxes on capital gains means that rich people employers won’t be able to create jobs.

President Obama turned to social media on Tuesday to promote the ridiculous lie that implementing the Buffett Rule will solve our economic woes. As conservatives on Twitter love to do, we took over the hashtag, and hilariousness ensued. 

Here are some of the best tweets:

Does the #BuffettRule force citizens to use clean plates every time they get more food? Oh, wait, that's the Buffet Rule. -@realleighscott 

the salad bar is only useful for putting bacon and cheese on your baked potato #BuffettRule @mamaswati 

Wear your stretchy pants. (Unless you're a millionaire. Then you should tighten your belt & donate your food to other diners.) #BuffettRule @prosehaikus

Sneeze guards are there FOR A REASON. #buffetrule @NewDealGin 

Sorry, no contraception provided. #BuffettRule  @BobHicks_

Where 30% gratuity is mandatory. And so is picking up the tab for the rest of the party.#BuffettRule @red_red_head 

#BuffettRule Those $50,000 hot lamps over the tater tots? Yep, Solyndra. @CuffyMeh 

Don’t let it be said that conservatives don’t have a sense of humor. 

 

Image via Mario Tama/Flickr

barack obama, economy, in the news, media, politics, taxes

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Pinst... Pinstripes4

Reagan raised capital gains taxes during his presidency. The economy still grew despite the leftover high gas prices that resulted from tensions with Iran in the late 70s, including the hostage crisis. Just thought it was worth mentioning.

With that said, I think the Buffet rule is misguided. Using snark is usually not a good way to get people to agree with opposing opinions, though (see Rush Limbaugh and Bill Maher).

Procr... Procrastamom

You must have a sense of humor, Jenny. You keep parroting that same joke about how rich people reinvest their money in the economy and create jobs. I think it's called the "Trickle Down Parody "? Rich people like Romney love to pull one over on the American people by hiding their money in Swiss bank accounts. Maybe you'd like to tell us exactly how that money is going to trickle down and benefit the US economy. Rich people don't stimulate the economy, the middle class does by consuming goods with the money they earn at their JOBS. You know, that platform that the Republicans ran on in 2010 and haven't done a single thing about since they took the reins. At least the buffet tweets are funny. Can you even prove they were made by conservatives?

nonmember avatar Ellie Sherman

Warren Buffet wes the irs 1 billion in back taxes. What thw heck?

nonmember avatar Emme

I was going to mention the trickle down theory, but Procrastamom beat me to the punch! And it's laughable that you think the wealthy in this country are contributing that much to the economy. These same people are the ones outsourcing jobs so that they can make more money. They're also the same people cheating on and evading taxes. What's more, not every wealthy person has earned their money in an honest way. I'm sure you can find the blood and sweat of some unfortunate person on practically every dollar they have. Personally, I think it's nice that Warren Buffet thinks the wealthy should be taxed more and he isn't the only one either. Their reasoning is that without the society they live in, they'd be nothing. Therefore, they should help the society with the money they've earned. And it's true. There's probably lots of people with potential all around the world, but they live in such poverty that they'll never be able to escape it.

nonmember avatar But

But... But the wealthy are JOB CREATORS! Yes, yes they are. In India, China, and wherever else they outsource all jobs they create other than WalMart cashier and McDonalds fry attendants.

jkm89 jkm89

Hardy har har.

zandh... zandhmom2

It may be true that the "trickle down" theory doesn't work but it is also true that giving more entitlements to the lower income class doesn't works either. As always, it the middle class that gets screwed!!!

zandh... zandhmom2

Oh, and Warren Buffet could and should pay more but he and his accounts know how to use all of the loop holes to prevent him from doing so.  If he and Mr. Obama really want to make a difference, then Mr. Obama should have laws put in place that the rich can't use anymore loop holes but that won't happen because both sides our of government panders to the rich.

Laurlev Laurlev

I don't think the wealthy should pay more than everyone in taxes. I would be happy with them paying the same percentage as everyone else.

jessi... jessicasmom1

I don't agree wealthy should pay more taxes we are suppose to be created equal... hmmm 

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