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Buyout Billionaires’ Recession-Proof Sec...

How is it possible for us to be entering a recession while buyout billionaires like Henry Kravis saved $96 million through tax loopholes in 2006 alone? That's just one buyout billionaire, in one year, making use of one loophole! Just think how much these private equity crooks are costing taxpayers who are already battling financial hardships and home foreclosures.

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15 Comments

Current View: 15 / Show all Comments

CombatGod : LVL 42: VP 5: said:

CombatGod

4 votes NegativePositive

278 days 22 hours ago...

I wonder if anybody has any numbers on how much money is invested in private equities and how it effects our economy.

yugo9 : LVL 33: VP 4.2: said:

yugo9

2 votes NegativePositive

278 days 22 hours ago...

I`m gonna try this, and go in the books as a Money Devouring ASSHOLE!!!

kevinljs : LVL 34: VP 4.2: said:

kevinljs

Hidden (Show Comment) -24 votes

278 days 21 hours ago...

Dont hate them cos they are smarter than you financially...we all want to be in their shoes :)

vee445 : LVL 36: VP 4.4: said:

vee445

26 votes NegativePositive

278 days 21 hours ago...

^^ You mean responsible for running your own country into the ground because of your materialistic and shallow view on life? I`ll pass.

afrochapin : LVL 40: VP 4.8: said:

afrochapin

Hidden (Show Comment) -18 votes

278 days 21 hours ago...

i agree with kevin. I think it`s natural, people are greedy and don`t give a damn about other people. It`s up to us to make sure they don`t take every thing.

Metalobserver : LVL 33: VP 4.2: said:

Metalobserver

2 votes NegativePositive

278 days 19 hours ago...

This guy was one of the reasons people started making jew jokes. This guy is possibly the greediest sonofmobich in the world.

Diashan : LVL 41: VP 4.9: said:

Diashan

10 votes NegativePositive

278 days 17 hours ago...

sadly success in life is measured by wealth, the more money you make (not earn) for the least amount of effort is something to strive for.

Nabucco : LVL 33: VP 4.2: said:

Nabucco

-1 votes NegativePositive

278 days 16 hours ago...

This video is bullshit
Its an oversimplification of how tax incentives to stimulate your economy can be misused. Wake up though, no system is airtight, and the fiscal fraud in the US is a lot lower than elsewhere!

ste7en : LVL 13: VP 2.2: said:

ste7en

0 votes NegativePositive

278 days 15 hours ago...

A real life Mr. Krabbs.

niggaplease85 : LVL 19: VP 2.8: said:

niggaplease85

-2 votes NegativePositive

278 days 13 hours ago...

come on. jealous enough? as if you wouldn`t avoid paying taxes if you could.. its not like you guys pay taxes _in order to_ contribute to the society with better schools etc. Sif the government spends your money wisely in any case. come on gimme a break.

theoutcast32 : LVL 36: VP 4.4: said:

theoutcast32

1 votes NegativePositive

278 days 13 hours ago...

i dont pay taxes lol fucc the fed

wizguy34 : LVL 30: VP 3.9: said:

wizguy34

0 votes NegativePositive

278 days 12 hours ago...

I don`t pay taxes either. Well Federal taxes that is. I pay school taxes and city taxes but since this war started I haven`t paid federal taxes in a long time. I really haven`t been bothered too much. I work alot of "under the table" jobs.

Venomousvole : LVL 35: VP 4.3: said:

Venomousvole

1 votes NegativePositive

278 days 8 hours ago...

Ambition is essential for a thriving economy. I don`t hate people who make shed loads of money by tricking the system. But 99% of those people live apart from the rest of the world and never give anything back. for that alone, they must be brought low and their wealth re-absorbed from whence it came.

Nose Nuggets : LVL 5: VP 1.4: said:

Nose Nuggets

0 votes NegativePositive

278 days 3 hours ago...

^^^^^

socialist, much?



the thing is, they aren`t "tricking" the system. the system (our government) is openly accepting bribes to pass these laws that benefit only large cooperation.

i have nothing against people making shit loads of money and keeping it all for themselves. that`s their prerogative. its the fact that the people who make the rules are pandering to these few select groups that makes it deplorable.

lobby, our government, again.

anemis : LVL 38: VP 4.6: said:

anemis

0 votes NegativePositive

278 days ago...

ah !! got to love capitalism ...

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Entry Dates: 9/8/2007-9/14/2009