General Discussion

AZProgressive

(29,929 posts) Wed Mar 30, 2022, 01:06 PM Mar 2022

Warren: Leon, before the tears start streaming down your face again, let's remember

Link to tweet

Billionaire Leon Cooperman says Biden's billionaire tax is 'stupid,' 'probably illegal,' and 'won't pass'

https://www.businessinsider.com/billionaire-leon-cooperman-biden-income-gains-tax-stupid-wont-pass-2022-3

A reminder of when Leon Cooperman was crying over a wealth tax.

7 replies

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Warren: Leon, before the tears start streaming down your face again, let's remember (Original Post) AZProgressive Mar 2022 OP

That's a disingenuous statement...if we really attacked the tax code they'd howl. pecosbob Mar 2022 #1

Of course it is...that is why he is using it. Caliman73 Mar 2022 #2

blubber & whine about stuff they fear most - BIT is just a good start, ready your crying towel... bringthePaine Mar 2022 #3

Let's go back to 94% rate that was in effect under Eisenhower. Seriously. Evolve Dammit Mar 2022 #4

capital idea!😬👍 bringthePaine Mar 2022 #5

Warren Buffet once saved 136 million on a tax cut. He said "I don't need it" (the cut). Truth. Evolve Dammit Mar 2022 #6

Attack the tax code??? But billionaires made the tax code what it is...ask any lobbyist. nt Samrob Mar 2022 #7

pecosbob

(8,387 posts)

1. That's a disingenuous statement...if we really attacked the tax code they'd howl.

Reply to AZProgressive (Original post)

Wed Mar 30, 2022, 01:35 PM

Mar 2022

Let's start with the capital gains and inheritance taxes

Caliman73

(11,767 posts)

2. Of course it is...that is why he is using it.

Reply to pecosbob (Reply #1)

Wed Mar 30, 2022, 01:40 PM

Mar 2022

The tax code is complicated because it was made complicated as a method of allowing wealthy people to pay less taxes. All of the loopholes and hideaways were created to allow the wealthy to hire their teams of accountants and lawyers to exploit them and hide their money from taxation.

He knows this. He is lying.