Couldn’t Buffet just use the standard deduction? Then he could pay lots and lots more taxes and not lose any more sleep over it.
Changing to the Standard Deduction will not appreciably affect Buffet because most of his “income” is reclassified as other than income to keep his taxable “income” at an extremely low level. Now, if he were proposing to raise taxes on everyone with $50 million or more in ASSETS at the end of each year he might not be seen as a worthless BJ artist for der Fuehrer.