Old millionaires should pay more taxes!!!

You’re absolutely right Mr. Buffet!

Caution!  This is what the government does to old money!

If you are an old millionaire and all you’re doing is making money, you should pay more taxes.  Send your check here.

The problem is there are many up and coming millionaires that are making products, providing services and creating jobs.  They should be paying less taxes than they do today.  They should be investing their income in products, services and jobs.

On the other hand, there are many millionaires that aren’t making money.  They’re making jobs.

With all due respect to a man, no, an institution for free enterprise Mr. Buffet, you have lost your way.

When I say old, I’m not disparaging your age.  I’m only calling attention to the problem at hand. The government wastes our tax dollars.  Point to one venture the government has undertaken that makes money with our tax dollars and I will stand corrected?

Let’s tax what you spend!

Take your money and run the other way!  Invest it in free enterprise and all you will see is progress, more jobs and a healthier economy.

Your letter to the public calls for millionaires like yourself to pay more than twenty (20%) percent of your income, in taxes.  No problem!  If Congress and the President get behind the Fairtax, you’ll be able to put your money where it should be, taxed fairly…

Why don’t we see more politicians, the media and fair-minded people like you talking about Fairtax.org?

In fact, you should take Fairtax up with our President?

Note:  Please help us get the good word out.  Share us on your favorite social media site and Stumble Upon.  Thanks.

About Idea Capitalist
Family guy and entrepreneur. Small Business owner. NFIB Leadership Council member. Serial blogger.

7 Responses to Old millionaires should pay more taxes!!!

  1. Mark Wiessner says:

    You GO Bro!


  2. Reg Lepper says:


    Amen brother , you nailed it once again!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



  3. Dan Wiessner says:

    Absolutely correct! I heard a good one; if you put the government in charge of deserts, we’d end up with a shortage of sand…..



  4. Well it looks like Mr. Buffet is replacing the Government’s. roll by offering his own TARP program to BOA. Love it! Good luck with that Mr. Buffet. Seriously! Better spent than giving the money (tax dollars) to the Goverrnment.


  5. Jeff Graber says:

    Maybe my tax situation is different, but I don’t pay corporate or personal income tax on the money I pay out as payroll or spend to expand my business by buying equipment.

    Since those get expensed off before the tax man comes, those thousandaires, millionaires and billionaires that spend their money like that don’t get taxed on it.

    That said, I’m still a huge proponent of the FairTax for a long list of decent reasons.


  6. Nice post at Old millionaires should pay more taxes!!! The Real McCoy for Small Business. I was checking continuously this blog and I’m impressed! Very useful info particularly the last part 🙂 I care for such information much. I was looking for this certain information for a very long time. Thank you and good luck.


  7. Bapon says:

    I would even be willing to accpet Obamacare if that’s what it takes to get Obama to replace the income tax with the FairTax. The FairTax is a very progressive tax proposal due to the prebate function of the FairTax. It is much more progressive than a flat tax, so I don’t see any reason why a progressive president like Obama would have a problem with the FairTax if he truly cares more about helping the American people than he cares about being able to use tax code manipulations to increase the power of his cronies.


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