MMC
01-12-2012, 04:41 PM
Warren Buffett is ready to call Republicans' tax bluff. Last fall, Senator Mitch McConnell said that if Buffett were feeling "guilty" about paying too little in taxes, he should "send in a check." The jab was in response to Buffett's August 2011 New York Times op-ed, which made hay of the fact that our tax system is so unbalanced, Buffett (worth about $45 billion) pays a lower tax rate than his secretary. Senator John Thune promptly introduced the "Buffett Rule Act," an option on tax forms that would allow the rich to donate more in taxes to help pay down the national debt. It was, as Buffett told me for this week's TIME cover story, "a tax policy only a Republican could come up with."
Still, he's willing to take them up on it. So Buffett has pledged to match 1 for 1 all such voluntary contributions made by Republican members of Congress. "And I'll even go 3 for 1 for McConnell," he says. That could be quite a bill if McConnell takes the challenge; after all, the Senator is worth at least $10 million.
Sen. McConnell says that Washington should be smaller, rather than taxes getting bigger. And since some, like President Obama and Mr. Buffett, want to pay higher taxes, Congress made it possible for them to call their own bluff and send in a check. So I look forward to Mr. Buffett matching a healthy batch of checks from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC.....snip~
http://finance.yahoo.com/news/exclusive-warren-buffett-accepts-gop-tax-challenge-offers-121500308.html
Ah.....Mr Buffet. The owner of Insurance Companies. You know just in case shit happens. What did he think he would get Republicans to believe that one specific group of people should be taxed over others. Will Mr Buffett finally tell all just how much he exactly pays to attorneys and tax accountants to make sure he don't have to pay so much in taxes?
Still, he's willing to take them up on it. So Buffett has pledged to match 1 for 1 all such voluntary contributions made by Republican members of Congress. "And I'll even go 3 for 1 for McConnell," he says. That could be quite a bill if McConnell takes the challenge; after all, the Senator is worth at least $10 million.
Sen. McConnell says that Washington should be smaller, rather than taxes getting bigger. And since some, like President Obama and Mr. Buffett, want to pay higher taxes, Congress made it possible for them to call their own bluff and send in a check. So I look forward to Mr. Buffett matching a healthy batch of checks from those who actually want to pay higher taxes, including Congressional Democrats, the President and the DNC.....snip~
http://finance.yahoo.com/news/exclusive-warren-buffett-accepts-gop-tax-challenge-offers-121500308.html
Ah.....Mr Buffet. The owner of Insurance Companies. You know just in case shit happens. What did he think he would get Republicans to believe that one specific group of people should be taxed over others. Will Mr Buffett finally tell all just how much he exactly pays to attorneys and tax accountants to make sure he don't have to pay so much in taxes?