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Originally Posted by dc_dux
Charles Barkley for Secretary of Treasury?
YouTube - Barkley says he'll be happy to pay more in taxes
BLITZER: If Obama has his way, you would spend another $701,885 in taxes. $700,000 above and beyond – you pay a lot of taxes right now if you’re making millions of dollars a year as you are. How do you feel about that?
BARKLEY: Well, I think that if you’re rich — I thank God I’ve been very successful — if you’re rich, you’re always going to be rich. If we pay more in taxes, I got no problem with that. If you’re making that kind of money, a couple hundred thousand dollars here or there are not going to change your life.
Let’s be realistic. I’ve been very fortunate and blessed. I did a great job of saving my money. But I got no problem if I’m making that type of money, paying more in taxes to be honest with you. Despite Blitzer putting up on the screen only a portion of the comparison of the Obama/McCain plans...not showing the savings for the lower brackets...cheap shot!
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Do you actually think Barkley or anyone else making the kind of money he makes is just going to accept a $700,000+ tax bill without putting any effort into reducing that bill? I know you don't like responding to my questions, but I normally think I know how you and most people would actually respond. But, now I am getting concerned because the same issue keeps coming up. Warren Buffet the richest man on the planet does tax planning and does not pay more in taxes than he needs to, do you really, really think a "rich" guy will get a call from his accountant where the accountant says your taxes went up $700,000 this year, and the "rich" guy won't say what did you do to reduce it to $700,000? And then if the accountant says - I did not do anything. How long would it take for the accountant to be fired?
P.S. Don't take financial or gambling advise from Charles Barkley.
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Wynn Las Vegas filed a lawsuit in District Court on Wednesday to force former National Basketball Association star Charles Barkley to pay back $400,000 in gambling markers the casino alleges it extended him last year.
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The Wynn sues Barkley, claims $400,000 gambling debts unpaid - Las Vegas Sun