Tag Archives: Hypocrite

Do Democrats pay their fair share of taxes?

Funny video from American Power Blog.

That’s one case, but are leftists always hypocrites like that?

Do As I Say Not As I Do

I recently listened to the audio book version of Peter Schweizer’s 2004 book “Do As I Say Not As I Do“. In that book, he profiles a number of leftist public figures, and he discovers that leftists don’t practice what they preach, because even they know that leftist ideas don’t actually work. I really recommend the book, so let’s take a closer look at it and you’ll see why you should read it, too.

Here’s a 32 minute 2011 lecture about the book:

And here’s an interview with the author from FrontPage magazine.

Excerpt:

FrontPage: Give us some of the best examples of the gulf between some liberals’ social criticisms and the ingredients of their private lives. Give us some insights, for instance, into the likes of Noam Chomsky, Michael Moore, Cornel West, Hillary Clinton, Ted Kennedy and Barbra Streisand.

Schweizer: Looking for liberal hypocrisy is, as they say in the military, a target-rich environment. Noam Chomsky, for example, has attacked wealthy Americans who set up trusts to avoid paying inheritance taxes. But this self-professed “radical socialist” has a tax attorney and did the very same thing. (When I asked him about this hypocrisy he said it was okay because he and has family have been working on behalf of suffering people all these years.)

Michael Moore’s hypocrisy is pathological. He has said numerous times that he doesn’t own a single share of stock and that capitalism is not acceptable “on any level.” And yet, I found that, according to tax returns filed with the IRS, he has owned shares in Halliburton, numerous oil companies, defense contractors and other multinationals through a tax shelter. When it comes he race he’s also wildly hypocritical. He says that Americans who happen to live in largely white neighbhorhoods do so because they are “racists.” But he lives in Central Lake, Michigan, which according to the U.S. Census has more than 2,500 residents and not a single black person in the entire town.

Cornel West has numerous times condemned middle class blacks that abandon the “chocolate cities” for the “vanilla suburbs” but guess what, his flavour of choice is vanilla, too.

Ted Kennedy likes to pose as the Robin Hood of the Senate, forcing wealthy Americans to pay their taxes to help the poor. But I discovered that Kennedys record of actually paying taxes is horrible. Tax the inheritance tax. He says that Americans should pay 49% to the IRS when they die in the name of “social justice.” But according to public records, the Kennedys have almost completely avoided contributing to “social justice” by placing their assets in trusts that are located overseas. The Kennedys, over the past thirty years, have paid less than 1% in inheritance taxes on more than $300 million. Ted Kennedy, like Hillary Clinton and George Soros, loves higher taxes. On other people.

And:

FrontPage: Why do you think people are drawn to leftist ideals and what kind of people are they? Self-contempt appears to be a common ingredient, no?

Schweizer: Yes, self-contempt is a big part of it. Dietrich Bonhoeffer, the great German pastor who stood up to Hitler, wrote a book about “cheap grace.” Liberals are guilty of cheap grace in the political sense. They feel guilty and their form of penance is embracing the destructive ideas of the progressive faith. But it’s cheap grace because as I show it the book, they don’t actually change the way they live. I think that the religious comparison makes sense because in many respects the modern day left represents a religious movement. They are motivated by a sense of sin, guilt, and the need for salvation and absolution in the political sense. Socialism offers salvation to them. Of course, they don’t actually plan to live like socialists.

I would really recommend taking a look at this book.

Democrats and their unpaid taxes

One last parting shot: Democrats talk about how job creators and employees are greedy to not want to pay taxes on their earnings, but Democrats actually have huge amounts of unpaid taxes that they refuse to pay:

A new report just out from the Internal Revenue Service reveals that 36 of President Obama’s executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven’t paid any share, let alone their fair share.

Previous reports have shown how well-paid Obama’s White House staff is, with 457 aides pulling down more than $37 million last year. That’s up seven workers and nearly $4 million from the Bush administration’s last year.

Nearly one-third of Obama’s aides make more than $100,000 with 21 being paid the top White House salary of $172,200, each.

The IRS’ 2010 delinquent tax revelations come as part of a required annual agency report on federal employees’ tax compliance. Turns out, an awful lot of folks being paid by taxpayers are not paying their own income taxes.

The report finds that thousands of federal employees owe the country more than $3.4 billion in back taxes. That’s up 3% in the past year.

That scale of delinquency could annoy voters, hard-pressed by their own costs, fears and stubbornly high unemployment despite Joe Biden’s many promises.

The tax offenders include employees of the U.S. Senate who help write the laws imposed on everyone else. They owe $2.1 million. Workers in the House of Representatives owe $8.5 million, Department of Education employees owe $4.3 million and over at Homeland Security, 4,697 workers owe about $37 million. Active duty military members owe more than $100 million.

The Treasury Department, where Obama nominee Tim Geithner had to pay up $42,000 in his own back taxes before being confirmed as secretary, has 1,181 other employees with delinquent taxes totaling $9.3 million.

As usual, the Postal Service, with more than 600,000 workers, has the most offenders (25,640), who also owe the most — almost $270 million. Veterans Affairs has 11,659 workers owing the IRS $151 million while the Energy Department that was so quick to dish out more than $500 million to the Solyndra folks has 322 employees owing $5 million.

The country’s chief law enforcement agency, the Department of Justice, has 2,069 employees who are nearly $17 million behind in taxes.

Even that leftist Warren Buffett’s company is in court for unpaid taxes. Leftists are hypocrites, and when we here them talk, we need to keep in mind that this isn’t how they live themselves. It’s just posing and preening for admiration.

36 Obama aides owe $833,000 to IRS, federal employees owe $3.4 billion

From Investors Business Daily.

Excerpt:

How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their “fair share” of taxes.

Because how unfair — indeed, un-American — it is for an office worker like, say, Warren Buffet’s secretary to dutifully pay her taxes, while some well-to-do people with better educations and higher incomes end up paying a much smaller tax rate.

Or, worse, skipping their taxes altogether.

A new report just out from the Internal Revenue Service reveals that 36 of President Obama’s executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven’t paid any share, let alone their fair share.

Previous reports have shown how well-paid Obama’s White House staff is, with 457 aides pulling down more than $37 million last year.

[…]The report finds that thousands of federal employees owe the country more than $3.4 billion in back taxes. That’s up 3% in the past year.

Democrats are actually quite hypocritical. They say one thing in public, in order to give the appearance of being generous and compassion, but in private they do something completely different. I wrote more about hypocrisy on the left in this post.

Why does Warren Buffett pay less in taxes than his secretary?

Let’s take a look at this article from the libertarian Cato Institute.

Excerpt:

In 2007, Buffett said that he paid a 17.7 percent tax rate. Alan Reynolds notes that Buffett earns large amounts of capital gains, which are taxed at a maximum federal rate of 15 percent. People in the top income groups do report a lot of capital gains, which reduces their overall effective tax rate. However, capital gains are included in chart 1, above, and you can see that the top income groups still pay much higher tax rates than others on average. One reason is that a large amount of income at the top is small business income, which is hit by ordinary income tax rates of up to 35 percent.

You have to go to the extreme top end of the income spectrum in order for capital gains realizations to really push down overall effective tax rates. The IRS publishes data for the 400 highest-income taxpayers. For these taxpayers, the average effective income tax rate in 2008 was 18.1 percent.

Since the beginning of the income tax, we have nearly always had special treatment of capital gains for some very good reasons, as I discuss here. I point out that virtually all high-income nations recognize that capital gains are different and that special rules are needed. A number of OECD nations have long-term capital gains tax rates of zero, including New Zealand and the Netherlands.

Another important aspect to this debate regards the link between capital gains and dynamism in the economy and dynamism in tax payments. The political left makes it seem as if there were a permanent aristocracy at the top end of the income spectrum in America. However, IRS data show the exact opposite—the top 400 are a highly dynamic group. Notice first in IRS Table 1 that 57 percent of AGI for these taxpayers is capital gains. That is a key reason why the people in this group are constantly changing—large capital gains realizations are occasional events that rocket people to the top of the AGI heap. One example is when an entrepreneur sells her successful and longstanding business and retires.

The last table in the IRS document reveals the dynamism. The IRS traced the identities of all taxpayers who showed up in the top 400 anytime between 1992 and 2008. The IRS found that there were a huge 3,672 different taxpayers who appeared during that timeframe. Of these 3,672, fully 73 percent only appeared once in the top 400! And 85 percent appeared only once or twice.

So at the top end of our capitalist system is a continual generation of new wealth and new wealthy people, and that dynamism reflects the still-energetic and free-wheeling nature of our economy.

Another thing to keep in mind is that Warren Buffett is a big hypocrite.

Excerpt:

Two weeks ago, when billionaire Warren Buffett called for higher taxes on rich people like him, the liberal media predictably gushed and fawned.

Yet when Americans for Limited Government revealed last week that Buffett’s company Berkshire Hathaway has been in an almost decade-long dispute with the IRS over how much taxes it owes, these same press members couldn’t care less:

According to Berkshire Hathaway’s own annual report — see Note 15 on pp. 54-56 — the company has been in a years-long dispute over its federal tax bills.

According to the report, “We anticipate that we will resolve all adjustments proposed by the U.S. Internal Revenue Service (‘IRS’) for the 2002 through 2004 tax years at the IRS Appeals Division within the next 12 months. The IRS has completed its examination of our consolidated U.S. federal income tax returns for the 2005 and 2006 tax years and the proposed adjustments are currently being reviewed by the IRS Appeals Division process. The IRS is currently auditing our consolidated U.S. federal income tax returns for the 2007 through 2009 tax years.”

Americans for Limited Government researcher Richard McCarty, who was alerted to the controversy by a federal government lawyer, said, “The company has been short-changing the tax collection agency for much of the past decade.   Mr. Buffett’s company has not fully settled its tax bills from 2002-2009.  Yet he says he’d happily pay more.  Except the IRS has apparently been asking him to pay more going on nine years.”

As if that wasn’t bad enough, Obama’s cancellation of the Keystone XL pipeline will benefit Buffett.

Excerpt:

Some 20,000 middle-class jobs could have immediately come from Obama’s approval of the Keystone XL pipeline from Canada, with hundreds of thousands more created over the project’s lifetime. Yet he shut it down, even while he claimed in his address that he supported an “all of the above” energy strategy.

As Bosanek might be aware, her boss stands to benefit handsomely from that decision, much as other Obama supporters, like the campaign donors who owned Solyndra and other green enterprises, cleaned up from the diversion of tax dollars from the middle class into green boondoggles.

Keystone XL was designed to transport oil from the Canadian tar sands to the Gulf of Mexico. It apparently also would have enabled oil producers in the booming oil fields of North Dakota to ship their product to Gulf refineries more cheaply.

Keystone XL would help to advance further development of the oilfields in the Bakken Shale formation, which has led to an economic boom in North Dakota.

Plans were under way to tie into Keystone XL and ship increasing amounts of Bakken oil south through the pipeline to Gulf Coast refineries.

Would we rather get our oil from Canada and North Dakota or from the Middle East through the Strait of Hormuz?

Now Bakken producers say they’ll be dependent on railway tank cars — Buffett’s railway tank cars.

Many of the rail shipments from the Bakken fields are being handled by Burlington Northern & Santa Fe Railway Co., which has more than 1,000 miles of track in the region.

Buffett’s holding company, Berkshire Hathaway, has agreed to buy BNSF in a deal valuing the railroad at $34 billion. Berkshire already owns 22% of Burlington Northern and will pay $100 a share in cash and stock for the rest.

It is the American people who should benefit from our government’s energy policies, not just billionaires and friends of Obama like Warren Buffett.

Now, that would be fair.

And finally, Warren Buffett’s secretary pays a lot in taxes because she has a huge income, which is highly taxed. Her annual income is at least $200,000.