Moneymoney

Sat Mar 9, 2019, 07:08 PM

Disney heiress pulls a Warren Buffett; all talk, no do

https://www.marketwatch.com/story/disney-heiress-jesus-christ-himself-doesnt-deserve-this-much-money-2019-03-07

Disney heiress: Jesus Christ himself doesn’t deserve this much money

…..“We don’t have a society structured around fairness right now,” Disney continued. “The problem is that there’s a systematic favoring of people who have accumulated an enormous amount of wealth.”
For her part, Disney signed a letter with about 200 other New York elites asking lawmakers to introduce a “millionaires tax” on those earning more than $5 million to help fund affordable housing, infrastructure and other initiatives.

But when she was asked by CNBC’s Joe Kernen why she doesn’t just write a check to help the inequality, things got a bit tense on the set. “It’s ridiculous to say that,” Disney responded. “My measly few hundred million dollars will do nothing to address the roads, infrastructure, schools, hospitals.”

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Reply Disney heiress pulls a Warren Buffett; all talk, no do (Original post)
imwithfred Mar 9 OP
Muddling Through Mar 10 #1
imwithfred Mar 10 #2

Response to imwithfred (Original post)

Sun Mar 10, 2019, 02:15 PM

1. Not to mention, Warren Buffet makes money selling insurance to cover

inheritance tax ("death tax") payments. He's got a financial stake in keeping the tax code as it is.

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Response to Muddling Through (Reply #1)

Sun Mar 10, 2019, 02:22 PM

2. Warren Buffett was the one who during the Bush years whined that he didn't

pay enough taxes.

When he wouldn't pull out his checkbook and send some voluntary dough to the U.S. Treasury, he lost his credibility and respect among his fellow Nebraskans, although he should've lost it from everyone.

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