Warren Buffett Says He Will Release His Tax Returns If Rupert Murdoch Does (First shots fired)

Business Insider ^ | 10/04/2011 | Zeke Miller

[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.

[SeekAndFind]

According to Forbes, Warren Buffet is worth $50 Billion while Rupert Murdoch is about 7 times ‘poorer’ at a net worth of ‘just’ $7.6 Billion.

Just info for anyone interested to know.

How Forbes comes up with these figure is something I’d like to know...

[SECURE AMERICA]

Hey Buffet you are the one that made this an issue. Why drag someone else in. Just release yours and then shut the hell up.......

[Sacajaweau]

You are 100% correct. I missed "just a few words" from the statement by George Wills...which he repeated this past Sunday.

http://www.colsoncenter.org/the-center/columns/notes-from-the-field/15793-the-national-debt

[Sacajaweau]

http://www.colsoncenter.org/the-center/columns/notes-from-the-field/15793-the-national-debt

[x]

Buffett knows that as an owner of broadcast outlets Murdoch is subject to a lot of regulations.

If Rupert releases his tax returns somebody somewhere will use the information to fuel a campaign against him.

So what Warren's really saying is, "No, I won't release my tax returns, though I'll make it sound like a good faith offer to do so to the rubes and dupes."

[MinuteGal]

That "stupid senile old fart" is dumb as a fox. He knows how to give non-answers, evasive answers, high-sounding evil answers and sleight-of-hand-distraction answers.

He didn't get where he is by being stupid and not out-foxing his business marks.

And Obama wouldn't be using this multi-billionaire as a national spokesman if he thought the man was senile. Obama is no dummy, either. Both have street smarts along with their twisted ideologues.

Leni

[goat granny]

I don’t hear Murdock running off his mouth on taxes...How the heck did Buffet make money, he sounds like a dummy...