Tax Break Included in "Fiscal Cliff" Bill Will Benefit Warren Buffettby Robert Wenzel
Jan. 03, 2013
1.Miami Police Retaliate Against Female Driver Who Filmed Herself Pulling Over Cop
2.Paul Joseph Watson And Stefan Molyneux On The Real Agenda Behind The Migrant Crisis
3.Hillary Clinton Suggests She Can't Be Part Of The Establishment Because She Is A Woman
4.Texas Appeals Court Slams Forced DUI Blood Draw
5.'Multicultural Toilets' For 'Global Defecation' Seek to Stop Migrants Pooping On The Floor
6.Retired Cop Gets Taste Of Police State After Officers Bust In, Assault Him
7.Code 291: Swedish Police Cover-Up Thousands of Crimes Involving "Refugees"
8.NYPD Cop Wins $15m After Fellow Cops Falsely Arrested & Beat Him At His Daughter's Birthday
9.Crewe Residents Accuse Police and School of Covering Up Abuse, Rape Threats by Migrant Kids
10.NYPD Cop, Whose Job Was to Bust Prostitutes, Exposed as a Pimp in Massive Sex Trafficking Ring
Your paycheck will most decidedly go down because the bill that just worked its way through Congress failed to extend the 2% payroll tax break. But it is not the same for friends of Obama.
I already pointed out that Hollywood will get a tax break, but so will Warren Buffett.
Nick Badalamenti emails to point out that the bill has a tax break for railroads in it. ABC reports:
[...] buried in the fine print of the 150-page deal are also some lesser-known New Year’s gifts to some of Washington’s favorite industries[...]In February 2012, Bloomberg reported that in addition to spending billions on core railroad projects:
Warren Buffett’s Berkshire Hathaway Inc. plans to boost [other] capital spending at its railroad.
The railroad’s plan calls for $400 million in terminal, intermodal-expansion and efficiency projects, including on coal routes. The rail serves mines in the Western U.S., including Wyoming’s Powder River Basin, which holds the largest and cheapest U.S. reserves of the power-plant fuel.Badalamenti concludes:
That Buffett sure is a genius, isn't he? It's almost like he made that investment with some form of advance knowledge huh? lol