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Warren Buffett would pay 0.2 percent tax rate under Perry tax plan

Discussion in 'Political Debate & Discussion' started by freeatlast, Oct 27, 2011.

  1. freeatlast

    freeatlast New Member

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  2. Salty

    Salty 20,000 Posts Club
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    and that is the reason I support the Electronic tax. Everybody pays - at an extremely low % - that would be about 1/2 of 1%
     
  3. freeatlast

    freeatlast New Member

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    First off what is an electronic tax and how could the nation survive on 1/2 to 1% tax rate?
     
  4. billwald

    billwald New Member

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    90% of the US money in circulation is electronic transfer. 60% of the stock trades are electronic transfer made by computers. 1% of everything is a big number.
     
  5. poncho

    poncho Well-Known Member

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    That's why I support Ron Paul. He supports law enforcement! Instead of just more tinkering around the edges of an unlawful un constitutional system to make voters happy.
     
  6. mandym

    mandym New Member

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    Ron Paul is a walking contradiction. And Perry is not my favorite either. But I would gladly vote for either one of them over Obama or anyone like him.
     
  7. Salty

    Salty 20,000 Posts Club
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    Bill, I have warned you, people will get suspicious when we agree on something! :smilewinkgrin:

    The GNP is about $ 14 trillion. Assuming only half of all transactions are electronic (7 trillion) x 1/2 of 1 % would be about 3 trillion dollars.

    another words the rich would be paying their fair share, along with all Americans.

    (ps- so when an illegal alien wires money back to Mexico - they would be paying the tax as well!
     
    #7 Salty, Oct 31, 2011
    Last edited by a moderator: Oct 31, 2011
  8. Ruiz

    Ruiz New Member

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  9. rsr

    rsr <b> 7,000 posts club</b>
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    A half percent of $7 trillion is only $35 billion.
     
  10. Salty

    Salty 20,000 Posts Club
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    Did you use your calculator? I didn't :smilewinkgrin: and its late :sleeping_2:
     
  11. freeatlast

    freeatlast New Member

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    Then it sounds like you have found your man in Rick Perry.
     
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