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In response to:

Rejecting the Buffett Rule and Fighting Obama’s Class Warfare

Shrug Wrote: Apr 12, 2012 9:52 AM
Jared Bernstein is former economic adviser to Joe Biden. He is also the executive director of the newly formed White House Middle Class Working Families Task Force. He was also a member of the Presidential Task Force on the Auto Industry. I think that pretty much gives Bernstein all the credentials he needs to say something moronic.
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I’ve already explained why Warren Buffett is either dishonest or clueless about tax policy. Today, on CNBC, I got to debate the tax scheme that President Obama has named after the Omaha investor.

One of my big points was that the United States already has a self-destructive set of tax laws for investment. As such, it would be very foolish to increase the double taxation of income that is saved and invested.

Mitchell on CNBC