POLL: Was Chris Christie Being 'Gov. Nasty' or 'Gov. Right?'
Christie says billionaire financier Warren Buffett should "shut up" about raising taxes on the super wealthy
New Jersey Gov. Chris Christie is more than a bit peeved about billionaire investor Warren Buffett's now famous expression of chagrin at being subject to a lower marginal income tax rate than his secretary.
"He [Buffett] should just write [the government] a check and shut up," the governor told CNN's Piers Morgan this week.
Buffett advocates taxing the rich at a rate at least as high as that of middle-class Americans, which has led President Obama to propose a provision, dubbed "the Buffett rule," that would require Americans making more than $1 million to pay taxes at a rate of at least 30 percent.
"I'm tired of hearing about it," Christie told Morgan. "If he wants to give the government more money, he's got the ability to write a check. Go ahead and write it."
Christie has followed up by saying Buffett is being used by Obama and other Democrats who "want you to be angry because your neighbor makes more than you do."
What do you think about this? Take our poll and express yourself further in comments (below).
Deb
6:13 am on Friday, February 24, 2012
That's exactly what Christie is doing to union workers. He is pitting middle class against middle class.
Tom
7:11 am on Friday, February 24, 2012
It isnt the union workers that are the problem. Or that Christi has the problem with
Its the unions themselves.
I know few union workers who feel their unions act in the workers best interests. They do very well at extorting money out of their workers though in dues and fees.
Unions once had a place and noble cause back in the day. But fact of the matter is most of the good things the unions fought for are now a part of labor law. Nowadays they have become just as bloated and overbearing as the government they often confront.
Most unions have long since outlived their usefulness. Taking money from their workers tht would be put to a far better use in those workers pockets. Their only real goal now is not in helping the worker. But in self preservation.
Tom
6:44 am on Friday, February 24, 2012
I cant and wont vote on this poorly presented article because it misrepresents the facts.
Just after Mr Buffet made his now famous comparison. The Huffington Post did a fact check article on it. And the facts are that while it is true some "millionaires" pay only 15% in taxes(and less). The majority do not. To quote the HP
"There may be individual millionaires who pay taxes at rates lower than middle-income workers. In 2009, 1,470 households filed tax returns with incomes above $1 million yet paid no federal income tax, according to the Internal Revenue Service. But that's less than 1 percent of the nearly 237,000 returns with incomes above $1 million.
This year, households making more than $1 million will pay an average of 29.1 percent of their income in federal taxes, including income taxes, payroll taxes and other taxes, according to the Tax Policy Center, a Washington think tank.
Households making between $50,000 and $75,000 will pay an average of 15 percent of their income in federal taxes.Lower-income households will pay less"
The Tax Policy Center estimates that 46 percent of households, mostly low- and medium-income households, will pay no federal income taxes this year.
http://www.huffingtonpost.com/2011/09/20/obama-buffett-rich-taxes_n_971388.html
continued
Tom
6:44 am on Friday, February 24, 2012
It might be nice to also point out that capitol gains is not the same as. Nor is it taxed at the same rate as income tax. This is the incentive and reward for taking the risk of investing money instead of simply putting it in the bank where it would be much safer and not subject to the markets. One look at the market crashes of 2001 and 2008 will show the risk involved
It is the exact same incentive that is available to everyone. Not just Buffet.
The latest push that is popular not of having the wealthy pay 30% in income taxes. Would do little more then what is already in place as that is what the average is already paying
Bella
12:36 pm on Saturday, February 25, 2012
^^^^ TROLL^^^^
Laura Madsen
7:10 am on Friday, February 24, 2012
15% of $1,000,000 is a lot more than 15% of $100,000. 15% of $1,000,000 is still a lot more than 30% of $100,000. This is why there are tax brackets and people are not taxed at a uniform percentage. There are many other factors that go into consideration when calculating the final taxes people pay. Where a lower income person may qualify for additional credits and deductions, a person with a higher income may not. Additionally, a person with a higher income may have additional taxes that are paid in the form of capital gains or perhaps in corporate or payroll taxes if they own their own company. Blanket statements should not be made.
Joan C
7:36 am on Friday, February 24, 2012
I am sick of this rude and boorish man representing our state. He should express his thoughts--on whatever subject-- in a more civil manner. He's a bully and he favors the rich. Enough said.
Joe
12:20 pm on Friday, February 24, 2012
and what did u just do?
enough said!
Rick Blaine
3:21 pm on Friday, February 24, 2012
Hello, Mrs. Kettle are you and your ivory tower there?
Joe G
7:46 am on Friday, February 24, 2012
Raising taxes on investment income isn't going to tax the rich, they will take their money elsewhere, it will punish investors, not all of whom are "rich". It will also punish the companies that depend on investments, they will go elsewhere too, leaving working Americans with more unemployment than ever before. Better to eliminate investment taxes altogether and the economy will take off like a rocket. It's not magic, it's economics.
Tom
7:48 am on Friday, February 24, 2012
He isnt a bully. He just doesnt roll over and play dead when ever the union leaderships start barking or plants confront him like our last few governors have done.
While I am politically agnostic. I find him a much needed breath of fresh air.
And we finally have someone that are doing the tough things that have been needed doing for a long time but nobody else had the guts to do.
If that means he has to bully people back into the real world. So be it. Rather have a bully then the wuss's we've been having
Bella
12:35 pm on Saturday, February 25, 2012
No! He is a Bully! He is crass and rude. President Reagan never resorted to the depths that this man does. I am embarrassed that he is a member of the Republican Party. He has no civility or manners. Down right disgusting and gouache.
James Patrick
8:05 am on Friday, February 24, 2012
He is calling Onama & Buffett on their own BS....enough taliking about it, write a check or go away...
Peggy Devlin Blazewicz
8:28 am on Friday, February 24, 2012
Christie's comment was rude. Our governor should have more self control! How dare he tell anyone to "Shut Up" when they are voicing their own opinion.
Joe
12:21 pm on Friday, February 24, 2012
are you telling him to shut up?
Rick Blaine
3:24 pm on Friday, February 24, 2012
Right on Pegster, no need for freedom of speech or expression. Limousine liberals everywhere unite (but only after your afternoon spa session, massage and bridge club social.)
Tom
7:32 pm on Friday, February 24, 2012
Christies comment was spot on.
Think about it. If buffet were truely serious about paying more in. then why hasnt he done more then just talk about it? Why hasnt he just sent more in? Beleive it or not other s actually do it. Buffet. And Obama too for that matter for all the words and rhetoric. Havent.
So how serious could they be other then to make pretty sounding noises for their faithful.
Demonizing a group to turn them into a common enemy isnt anything new. Just ask Joseph Goebbels.
Bill Kilbride
8:51 am on Friday, February 24, 2012
The title is incorrect and somewhat misleading to the liberal side (of course) Christy said that he is tired of hearing Buffett say that he is not paying enough tax. So Christy said shut up and pay more if you want.....makes perfect sense to me.
Bill Kilbride
8:51 am on Friday, February 24, 2012
PS, if you understand tax code, capital gains income is taxed at 15%. Under Clinton it was 25%. Since Warren Buffett ( and Romney) have most of their income coming from dividends from prior investments its considered capital gains therefore taxed at that rate. If it were the Clinton era, the same would be true, it would be 25% but still would be less than alot of middle income folks...just wish people would present the facts correctly and not spin, so F-ing annoying, because unfortunately most voters do not understand the issues, and vote off hearsay from the media or friends...its sad!!
Don
9:07 am on Friday, February 24, 2012
Chris Christie says what many of us just think. Chris Christie is a breath of fresh air. He's not a fake like most politicians are nowadays. And he's exactly right about Buffett and others like him who say they should raise the taxes on the rich. If you're rich and you believe you should pay more, then go ahead and write a check to the IRS and get it over with.
MS2012
9:08 am on Friday, February 24, 2012
This is the worst article ever written.
Dave McCarthy
10:13 am on Friday, February 24, 2012
In Christie we have a rude and boorish vulgarian mistaken for a "breath of fresh air". And for the record, not one of us knows whether Buffett DID kick in extra dough to the IRS...
KS
10:30 am on Friday, February 24, 2012
And what exactly did we have in Corozine??????? An arrogant thief. He nearly did to Jersey with the tunnel mess what he has done to MF Global.
Tom
7:38 pm on Friday, February 24, 2012
Well considering he wont release his records for scrutiny. And the fact that his company Berkshire Hathaway owes back taxes dating back to 2002.
I think its a pretty safe bet to say he hasnt
http://www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire-hathaway_n_941099.html
Joe
12:21 pm on Friday, February 24, 2012
oh the whining liberals crawled out of their holes today
Louis DiMento
4:41 pm on Friday, February 24, 2012
I agree with Buffet, but whether he is right or wrong, he has every right to speak his mind, and Christie shouldn't be trying to intimidate people into shutting up.
Joe
4:46 pm on Friday, February 24, 2012
so send in your check and shut up!
Tom
7:40 pm on Friday, February 24, 2012
No. Christi made a valid point. If buffet an Obama feel that strongly about it. they shouldnt wait for a law (which wont come be4cause this entire thing was all done for fluff) They should lead by example.
If your going ot talk the talk. Walk the walk
A K
12:23 pm on Thursday, March 1, 2012
30% of a millionaires income may be more in actual dollars to the gov than the 40% that comes out of my less than $100K income but lets talk about what I have left to feed and house my family VS what the 1%ers have left to house and feed theirs. I don't grudge that people make more than I but would like the ability to make ends meet. That loaf of bread and my sewer bill are the same for those that live in the McMansions. I would love to grow my business and stay in NJ but our tax codes and health insurance make that near impossible. Gov Christie should respect Warren Buffets right to speak his mind and I respect Gov Christie's right as well but I don't have to like what or how he represents our state. I do not like him posing like a stereotypical tough crude Joisey boy in order to court the GOP VP job. It makes us all look bad.