Barack Obama's 'Buffett Rule' Falls Flat

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I think it would BE COOL if Warren Buffet PAID HIS TAXES. SOME of his companies owe back taxes going to 2002.
Takes a LOT OF BALLS to say you don't mind paying taxes when YOU DON'T PAY...

Bill Hedges of MO 6:16PM April 18, 2012

Double taxation? The argument that capital gains is double taxed, by the author's logic, is true for ANY investment. The fact that it's a GAIN already says that it's NOT been taxed yet. You're only taxed on the GAIN not the initial investment. That's why this author is playing with dirty math to make the law look bad.
By this same argument, saying that you gain money from money that's already taxed, would mean that NO taxes are allowed. You can say that if I'm a small business owner the money that I invest in my business that I gain shouldn't be taxed because the income from people who already gave me money was taxed.
That's just how taxes work - if you gain money it's income. Income is taxed. Capital gains are taxed at a lower rate, therefore it's a lower tax rate.

Kristian Rickert of NY 10:04PM April 17, 2012