Comments on: Fiscal Cliff Deal Leaves Charities’ and NGOs’ Fears Unresolved http://abcnews.go.com/blogs/politics/2013/01/fiscal-cliff-deal-leaves-charities-and-ngos-fears-unresolved/ The latest Politics news and blog posts from ABC News contributors and bloggers including Jake Tapper, George Stephanopoulos and more. Mon, 17 Jun 2013 21:59:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: ed conradt http://abcnews.go.com/blogs/politics/2013/01/fiscal-cliff-deal-leaves-charities-and-ngos-fears-unresolved/#comment-30303188 ed conradt Thu, 03 Jan 2013 18:18:01 +0000 http://abcnews.go.com/blogs/politics/?p=830501#comment-30303188 until a majority of americans come to the unvarnished truth, that funneling money through government to meet a public objective is the most ineffective and inefficient way to meet the objective, the odds of americans' quality of life improving are zero. government is the MOST wasteful and ineffective manager of funds that exist in the world. the less citizens ask the government to do, the more prosperous the citizens are. the ineffectiveness and inefficiencies of government operations are indisputable and should be made legendary among the population. until a majority of americans come to the unvarnished truth, that funneling money through government to meet a public objective is the most ineffective and inefficient way to meet the objective, the odds of americans’ quality of life improving are zero.

government is the MOST wasteful and ineffective manager of funds that exist in the world.

the less citizens ask the government to do, the more prosperous the citizens are.

the ineffectiveness and inefficiencies of government operations are indisputable and should be made legendary among the population.

]]> By: Cuomocrat for Rubio http://abcnews.go.com/blogs/politics/2013/01/fiscal-cliff-deal-leaves-charities-and-ngos-fears-unresolved/#comment-30291179 Cuomocrat for Rubio Wed, 02 Jan 2013 22:50:12 +0000 http://abcnews.go.com/blogs/politics/?p=830501#comment-30291179 Good. Do you know why? Because charities and non-profits are rackets. That's right: rackets. Remember the Red Cross telling Mitt Romney to don't donate actual useful goods but gimme cash instead? Ha! All these fiscal-cliff-deal tax-hikes, self-righteous "Buffett Rule," etc... Well you know what? Not only will Warren Buffett not pay a penny more in taxes under this Fiscal Cliff deal. Warren Buffett wouldn't have even paid a penny more in taxes under a "Buffett Rule"! Do you know why? Because Warren Buffett famously pays himself $100,000.00... only! He doesn't own any stocks except that of his little holding company Berkshire Hathaway. Berkshire Hathaway may buy and sell stocks every now and then, but Warren Buffett doesn't, so you can raise capital gains taxes to kingdom-come, but Warren Buffett would never pay a penny of it. Companies whose stock Berkshire Hathaway holds may issue dividend payments to Berkshire Hathaway from time to time, but not to Warren Buffett, and Berkshire Hathaway never issues dividend payments to Warren Buffett, so you can raise dividend taxes to sky's the limit, but Warren Buffett would never pay it. You can raise estate taxes all you want, but Warren Buffett isn't going to pay any of it. Do you know why? Because Warren Buffett has it all locked away in foundations and endowments! You want to hurt Warren Buffett? Taxing dividends, and capital gains, and income, and estates aren't going to help. You have to tax charities and non-profits, duh! What is their purpose anyways? They don't do anything to add to the economy. They're just wasteful spending black-holes that people throw money into to never see again. Tax them! PUMA! Good. Do you know why? Because charities and non-profits are rackets. That’s right: rackets. Remember the Red Cross telling Mitt Romney to don’t donate actual useful goods but gimme cash instead? Ha! All these fiscal-cliff-deal tax-hikes, self-righteous “Buffett Rule,” etc… Well you know what? Not only will Warren Buffett not pay a penny more in taxes under this Fiscal Cliff deal. Warren Buffett wouldn’t have even paid a penny more in taxes under a “Buffett Rule”! Do you know why? Because Warren Buffett famously pays himself $100,000.00… only! He doesn’t own any stocks except that of his little holding company Berkshire Hathaway. Berkshire Hathaway may buy and sell stocks every now and then, but Warren Buffett doesn’t, so you can raise capital gains taxes to kingdom-come, but Warren Buffett would never pay a penny of it. Companies whose stock Berkshire Hathaway holds may issue dividend payments to Berkshire Hathaway from time to time, but not to Warren Buffett, and Berkshire Hathaway never issues dividend payments to Warren Buffett, so you can raise dividend taxes to sky’s the limit, but Warren Buffett would never pay it. You can raise estate taxes all you want, but Warren Buffett isn’t going to pay any of it. Do you know why? Because Warren Buffett has it all locked away in foundations and endowments! You want to hurt Warren Buffett? Taxing dividends, and capital gains, and income, and estates aren’t going to help. You have to tax charities and non-profits, duh! What is their purpose anyways? They don’t do anything to add to the economy. They’re just wasteful spending black-holes that people throw money into to never see again. Tax them! PUMA!

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