Why didn't you read Buffet's article?

Reader comment on: Buffett's Latest

Submitted by R Coleman (United States), Nov 26, 2012 17:09

If you are going to comment on an article, at least read it and understand its point.

Calling Buffett's article "showmanship" because what he recommends for the country is moronic, and sidesteps his point, which Buffett can make better than anyone else in America. After 65 years in the U.S. marketplace, buying and selling, and working with entepreneurial folks of all stripes, Buffett says no one ever opted out of an investment because the tax rate (now historically low) was too high. In fact, in our economic hayday, the rates for the top went up to confiscatory levels (over 90%). Today, the alternative to investing is to buy a money market product that yields less than 1%. That is the common-sense BUSINESS calculus that Buffett points out will rule the investment decisions--not the POLITICAL crapola from the Norquistian puppets who think that capitalism is about tax rates.


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Title By Date
⇒ Why didn't you read Buffet's article? [147 words]R ColemanNov 26, 2012 17:09
Bernstein's idea [26 words]MichaelNov 26, 2012 12:51
Mankiw has a good take as well [29 words]ErikNov 26, 2012 11:36
What About the Selling Small Business Owner? [102 words]Russell FuhrmanNov 26, 2012 11:35
Depending on the credit standing of the purchaser [65 words]LyleNov 26, 2012 17:45
And the beat goes on [6 words]Dan CalabriaNov 26, 2012 20:36
Re: Installment Sale [175 words]Russell FuhrmanNov 26, 2012 23:18
Help
[w/response] [8 words]
Dan CalabriaNov 27, 2012 08:34

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