Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

4/28/13

If Bill Gates and Warren Buffett make about 5% on dividends and 5% oncapital gains on about $100 billion, did they stop by the White Houseto thank Obama for giving them what could be an extra $1,477,351,600over 2 years, by charging America’s children about $1,600 a piece?

President Obama met with Bill and Melinda Gates and Warren Buffett
in the Oval Office this morning.

...During the visit, they also discussed ideas for growing the economy
and making America more competitive including investment in education
to better prepare the next generation
and investing in innovative areas with opportunity for growth.


If Bill Gates and Warren Buffett are worth about $100 billion,
and make about $10 billion per year between long term capitol gaines and dividend interest
could they save about $1,477,351,600 over two years if Obama’s Tax Deal passes?


…….……………………….…………..…Tax Cuts Extended…………….Tax Cuts Expired

Dividends and LT Capital Gains………..$10,000,000,000…………………$10,000,000,000?

Tax Liability……………………………….…..$749,741,250 ……….$1,488,417,050?

Average Tax Rate………………………………..14.99%…………………..……. 29.77%?

$749,741,250 – $1,488,417,050 = about $738,675,800 x 2 years = about $1,477,351,600?

Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired    
Tax Year:  2011
AMT Patch:  AMT Patch in effect


Tax Calculator
 
If about 1,699,000 US households make more than $250,000,
and their portion of the tax cuts cost $120 billion
are America’s elected leaders
about to charge everyone’s kids $1,600 each
to give Bill Gates and Warren Buffett about $1,477 billion?

$120,000,000,000 / 75,000,000 Kids = $1,600 per American Child?

10/8/12

Updated with some Warren Buffett and Goldman Sachs: "The Fed’s Secret Liquidity Lifelines": Wachovia Corporation and Wells Fargo & Company


What are the chances that two blog posts concerning Warren Buffett, Wells Fargo, Bank of America, the Federal Reserve and Insider Trading be completly ignored by all for profit press since 8:37pm, June 23, 2012?

Updated with some Warren Buffett:
"The Fed’s Secret Liquidity Lifelines":
Wachovia Corporation and Wells Fargo & Company

Did Warren Buffet know about Bank of America's Secret Liquidity Lifelines
when Berkshire Hathaway Invested $5 Billion in BAC?

The following occured on John White's watch at the SEC; Forwarded to Michael Mashburn, SEC and Daniel Stefek, FINRA- both of whom recieved NC Securities Division File No. 12 SEC 84, in late June, who spoke with George Hartzman during the second week of July

"Wachovia'​s End" Jeff Horwitz OCT 13, 2009

...regulators had rejected a Wachovia proposal to essentially "rescue" itself
and that Wells Fargo initially balked at a deal with Wachovia prior to Citi's acquisition pact
because Wells officials "didn't understand" Wachovia's commercial loan portfolio.

Did Warren Buffet know about Bank of America's Secret Liquidity Lifelines when Berkshire Hathaway Invested $5 Billion in BAC?