Obama's attempts at fomenting a Class War

[Happy Monkey]

Originally Posted by TheMercenary

Buffett’s math is a bit off....



So why is he lying to the public repeatedly?


http://www.nypost.com/p/news/nationa...PfsJcnWaIoptFJ

Anyone who promulgates the "Double tax" myth lying to the public repeatedly. Money isn't taxed, transactions are.

You aren't "double taxed" when you pay income tax on your income and then sales tax on your purchases. They're different transactions.

And in the case described in the article, the first transaction isn't even him; its his corporation (I say "his", but he's not the only shareholder, just the most important one). That's a completely separate entity. That's like saying your maid is "double taxed" because her salary is paid out of your post-tax income.