Posted on 10/04/2011 12:32:11 PM PDT by SeekAndFind
Pressed by House Republicans and the Wall Street Journal editorial board to release a copy of his tax returns to justify the so-called "Buffett tax," the Oracle of Omaha said he would comply if News Corp CEO Rupert Murdoch did the same.
"I think it might be a terrific idea if they would just ask their boss, Rupert Murdoch, and he and I will meet at Fortune, and we'll both give you our tax returns and you can publish them," Buffett told Fortune's Carol Loomis.
"I'm ready tomorrow morning," he said.
In a New York Times column, Buffett asked Congress to raise his taxes, saying he paid a higher effective tax rate than his secretary. President Barack Obama then included the tax which would make certain that those with incomes over $1 million pay the same effective tax rate as the average middle class family in his deficit reduction plan.
Buffett has become a campaign surrogate of Obama's, most recently hosting a fundraiser for the President in New York.
(Excerpt) Read more at businessinsider.com ...
QUESTION TO WARREN:
Why, of all the Billionaires in the world, did you choose Rupert Murdoch?
Stfu, you pussy.
If?
Murdoch needs to respond to Buffoon by saying he’ll release his returns only if Roseanne Barr releases her returns. This could be fun.
Hey WARREN!
Ruppert’s not the one setting himself up as an example for Obama’s higher tax scheme!!!
So, quit with the distractions and MAN UP!!!
I'm guessing there's not much chance of me having to embarrass myself.
I believe Rockefeller wrote a check in the depression years which paid off the national debt.
".."oh yeah, well, I'll see your Murdoch, and raise you a Pelosi and a Reid"...(and have you fingers on a Soros)...fweakin morons
Why just Fox News’ Rupert Murdoch?
How about Stephen Spielberg or the president of Goldman Sachs, or your liberal pal Bill Gates, you crony capitalist Commie?
Buffet doesn’t even want any “Buffet Tax”...
CNBC: “Lets talk about the Buffett Rule for a moment.”
Buffett: “Uh-huh.”
CNBC: “Talk to you about how it came about in terms of the White House getting in touch with you and you putting your name to this.”
Buffett: “Well Gene Sperling called and said ‘can we use your name’ and I said ‘yes.’”
CNBC: “Are you happy you said ‘yes?’”
Buffett: “Sure. I mean I wrote about it.”
CNBC: “Are you happy that the way it is being described. Is the program that the White House has presented a million dollars and over your program? “
Buffett: “Well, the precise program which will — I don’t know what their program will be. My program would be on the very high incomes that are taxed very low. Not just high incomes. Somebody making $50 million a year playing baseball, his taxes won’t change. Make $50 million a year appearing on television, his income won’t change. But, if they make a lot of money and they pay a very low tax rate, like me, it would be changed by a minimum tax that would only bring them up to what the other people pay.”
CNBC: “Does that mean you disagree with the president’s new jobs proposal which would be paid for by raising taxes on households with incomes of over $250,000?”
Buffett: “That’s another program that I won’t be discussing. My program is to have a tax on ultra-rich people who are paying very low tax rates. Not just all the rich people. It would probably apply to 50,000 people in a population of 300 million.”
CNBC: “So that means you disagree with the president on the $250,000?”
Buffett: “No, no. You may disagree with him.”
CNBC: “So you agree, $250,000 is the right number?”
Buffett: “I will look at the overall plan that gets submitted to Congress, and which they are voting on, and decide net, do I like it or do I not like it. There is no question, there will be parts Ill disagree with.”
CNBC: “And are you a supporter of his jobs program right now?”
Buffett: “I am supporter of the action he is trying to get the Congress to join him in taking to really do something, rather than sit there and go in different directions.”
CNBC: “Do you agree with all the details?”
Buffett: “I havent looked at all the details.”
CNBC: “Ok, fair enough.”
I want to see his secretary’s tax return. BTW, are there still secretarys?
Why not Soros’s?
This stupid senile old fart is like a 10-year old...
why did this clown pick Murdoch and not one or any of LIBERAL, OBAMA-BUTTLICKING BILLIONAIRES LIKE ZUCKERBERG, JOBS etc...
just be a man and man up
Buffett’s really becoming political
But Rupert doesn’t have a tax-hike named after him by Resident Obamah!
I believe Rockefeller wrote a check in the depression years which paid off the national debt.
You believe wrong.
US debt by year
12/31/1956 276,627,527,996.11
12/30/1955 280,768,553,188.96
12/31/1954 278,749,814,391.33
12/31/1953 275,168,120,129.39
06/30/1953 266,071,061,638.57
06/30/1952 259,105,178,785.43
06/29/1951 255,221,976,814.93
06/30/1950 257,357,352,351.04
06/30/1949 252,770,359,860.33
06/30/1948 252,292,246,512.99
06/30/1947 258,286,383,108.67
06/28/1946 269,422,099,173.26
06/30/1945 258,682,187,409.93
06/30/1944 201,003,387,221.13
06/30/1943 136,696,090,329.90
06/30/1942 72,422,445,116.22
06/30/1941 48,961,443,535.71
06/29/1940 42,967,531,037.68
06/30/1939 40,439,532,411.11
This is CERTAINLY not a blatant incitement Obama/Buffet’s Commie supporters “occupying” Wall Street, nothingtoseeheremovealongwichwaytoTarget?
That’s lame. Why make it contingent on someone else’s actions?
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