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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Mon Sep 12, 2011 6:45 pm  
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Querulous Quidnunc
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it sounded more to me that they were asking why he would say he wants to pay more taxes when he doesn't pay the taxes he already owes.


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Mon Sep 12, 2011 7:21 pm  
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Querulous Quidnunc
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Usdk wrote:
doesn't pay the taxes he already owes


Quote:
an adjustment is different than actually being in arrears (which the article tries to imply but does not allege)


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Mon Sep 12, 2011 10:55 pm  
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Old Conservative Faggot
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Aestu wrote:
Usdk wrote:
doesn't pay the taxes he already owes


Quote:
an adjustment is different than actually being in arrears (which the article tries to imply but does not allege)


There wouldn't be anything to 'adjust' if they'd been paid when they were due. I'm no great expert on business math, despite having lived with a bookkeeper for several years, but I seem to recall her doing tax stuff on a quarterly basis, and Mr. Buffett's company is just now paying taxes from half a decade ago.

I think USD's point is valid, and you're just arguing for the sake of arguing again.

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 7:39 am  
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Querulous Quidnunc
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Jubbergun wrote:
There wouldn't be anything to 'adjust' if they'd been paid when they were due.


You have no idea what "adjustment" means in the context of accounting. It's not a euphemism.

EDIT: of course, we all know you'll Google it, and even though it means something totally incompatible with your current understanding of the issue, you'll find some contrived way of warping the definition to suit your ideological views


Aestu of Bleeding Hollow...

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 8:11 am  
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Querulous Quidnunc
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So explain to me why they owe taxes and don't have to pay.


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 9:55 am  
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Joined: Wed Aug 18, 2010 7:12 am
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Usdk wrote:


Next time you link a slander piece, might want to choose a paper not under investigation for hacking into 9-11 victim's voicemails


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 10:03 am  
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Aestu wrote:
Jubbergun wrote:
There wouldn't be anything to 'adjust' if they'd been paid when they were due.


You have no idea what "adjustment" means in the context of accounting. It's not a euphemism.


So now, on top of everything else, you're an accounting major? I lived with a bookkeeper for eight years, I know enough in passing to know that 'adjusted' or not, businesses pay taxes quarterly and annually. If it's true that they're behind by five to ten fucking years, there's really not a good excuse for that...except that, as usual, Aestu said so.

Aestu wrote:
EDIT: of course, we all know you'll Google it, and even though it means something totally incompatible with your current understanding of the issue, you'll find some contrived way of warping the definition to suit your ideological views.


Translation: Pre-emptive 'nice google' in case anyone bothers to look at readily available information about how I'm wrong this time.

You really don't have to bother, you're wrong often enough that I just assume I'm right if you're disagreeing.

Dvergar, it's not slander if it's true, regardless of how shady the person making the allegation is.

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 10:44 am  
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Querulous Quidnunc
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Usdk wrote:
So explain to me why they owe taxes and don't have to pay.


Because they don't.

Usdk wrote:
So now, on top of everything else, you're an accounting major? I lived with a bookkeeper for eight years, I know enough in passing to know that 'adjusted' or not, businesses pay taxes quarterly and annually. If it's true that they're behind by five to ten fucking years, there's really not a good excuse for that...except that, as usual, Aestu said so


I'm smarter and better-informed than you. That's merely objective fact. Doesn't mean I'm infallible.

Fwiw, I've taken some accounting courses and done reconciliations in a professional setting. My mother and paternal grandmother were both accountants. Doesn't mean shit and I'm not claiming it does. If I thought that mattered, I'd have mentioned so at the start.

You're projecting. I didn't say "because I said so", I said, "because that is what the term means in this context according to easily accessible resources". It is you who is saying, "because I watched some person who works as a bookkeeper cook meals and fold his clothes, I say my idea of what the term means in my ideological context is better than resources with no stake in the issue". That is to say, "because you say so".


Aestu of Bleeding Hollow...

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 11:02 am  
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Querulous Quidnunc
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So this guy saying the rich need to pay more taxes owns a company that YOU say doesn't need to pay taxes?

That would make Buffett a hypocrit.

What's better, you're now arguing for my side of the argument.


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 11:09 am  
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Querulous Quidnunc
Joined: Thu Aug 23, 2007 10:39 pm
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Well, kinda. He's saying that Buffet doesn't need to pay taxes because he actually doesn't. That's what the rules are currently. He isn't saying that the rules should stay that way (as far as I can tell, anyway).


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 11:18 am  
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Querulous Quidnunc
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Well he's more than welcome to stop having his accountants funnel his money through loopsholes, while he's feeling so charitable.


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 12:39 pm  
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Old Conservative Faggot
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Aestu wrote:
I'm smarter and better-informed than you. That's merely objective fact. Doesn't mean I'm infallible.


When I get done laughing about how the guy that can't read is smarter than someone else (and better-informed!), I might be able to type a reply...as it is, people are looking at me funny and Chris just asked if I'm having trouble breathing.

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 1:02 pm  
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Querulous Quidnunc
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Usdk wrote:
Well he's more than welcome to stop having his accountants funnel his money through loopsholes, while he's feeling so charitable.


There are loopholes but how do they apply in this case? All that was done was revise the accounts in accordance with changes in the tax law. What loopholes are you referring to?


Aestu of Bleeding Hollow...

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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 1:10 pm  
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Querulous Quidnunc
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I dont know what loophole, I'm not an accountant. However, if he owes taxes, and isn't paying them. Either he's breaking the law, or sending money through loopholes so he doesn't have to pay the taxes. Either way, he's an asshole.

What changes in the tax law? Are they a decade old? If he's so bent on giving more money to the government, why not just write a check?


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 Post subject: Re: Reagan vs. Obama: Economic Policy
PostPosted: Tue Sep 13, 2011 3:55 pm  
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Querulous Quidnunc
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Usdk wrote:
If he's so bent on giving more money to the government, why not just write a check?


I'm not sure, but I think I've heard that you're not allowed to do that. Something about conflict of interests or whatnot. Otherwise, I'm sure he would. But why is he an asshole? If he's getting away with not paying taxes (something every single person on this board would do if able) isn't he doing exactly what all republicans want rich people to do? For some reasons, the right believes that closing tax loopholes is equivalent to raising taxes...

Now THAT has to be a troll. Yep, republicans are definitely trolling, you heard it from me first.


[✔] [item]Thunderfury, Blessed Blade of the Windseeker[/item] (Three)
[✔] [item]Sulfuras, Hand of Ragnaros[/item] (Two)
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[✔] [item]Thori'dal, the Stars' Fury[/item]
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[✔] [item]49623[/item] (Two)
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