Warren Buffet, the fourth richest person in the world, is handing over millions of dollar to help pay for abortions, according to IRS documents.
Billionaire investor Warren Buffett has his secretary—and Barack Obama has…me. Like countless other U.S. taxpayers, I was interested but not at all surprised to learn, when I paid my annual visit to Mr. Block, that my effective tax rate for 2012 was higher than Mr. Obama’s enviable effective rate of 18 percent.
Buffett thinks the value of all stocks in the Wilshire 5000 Total Market Index should be worth less than the U.S. gross national product (GNP).
Who exactly were the rich who, as the president said, were not "paying their fair share"? The rapper Jay-Z (net worth: nearly $500 million)? The actor Johnny Depp (2011 income: $50 million)?
Republicans have been forced into a Hobson's choice of either letting the Bush tax cuts expire for everyone or agreeing to a tax hike on the top 2 percent of income earners (not to be confused with "the rich," who have already made, inherited or married their money).
Did you see the story about Costco borrowing $3.5 billion to pay a special $7 a share dividend to its stockholders before year's end to avoid being hit by President Obama's higher tax on investors?
An Internet search is inconclusive as to where the phrase "no skin in the game" originated. Some ascribe it to the late columnist William Safire; others to investor Warren Buffett. Politicians often use the phrase to justify policies to their liking. It can also be applied to the latest in a long list of their outrageous behaviors, as well as to those of President Obama.
I’m a small businessman who believes we are all over-taxed. I would not raise anyone’s taxes. But since Obama’s pet billionaires like Warren Buffett are so quick to sell out the upper middle class…two can play at that game! Obama has the GOP Congress between a rock and a hard place. Here's a compromise that turns the tables on Obama. I say it’s time to sacrifice the billionaires to save small business...and the GOP.
Higher taxes on the rich will provide a “morale boost” for those of us in the middle class? How is that so?
Maybe it’s time for us to consider the idea that the usually very rational Buffett is in this case not reasoning at all, but simply emoting. That by adopting the Buffett Rule as the new operating principle of American tax reform, we’re not tapping into the best that his higher brain functions have to offer, but instead taking his own private psycho-drama of paternal conflict and hard coding it into the law of the land.
Once again, billionaire investor Warren Buffett urges his fellow high-on-the-hoggers to pay more in taxes. "Only in Grover Norquist's imagination," says Buffett, do taxes make much of a difference in how people invest. "So let's forget about the rich and ultra-rich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased.
Check out his response to Matt Lauer's question: Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?
Since 1986 he has mentioned this single trait 20 times in his annual shareholder letters. He calls it "essential for sustained success."
I'm not saying you should have a portfolio of just two or three holdings. But at the same time, I'm not at all concerned with having a portfolio of dozens of holdings that represent every sector of the market.
The president is barnstorming around the nation hoping to enrage voters at the injustice that the wealthy pay fewer taxes than the middle class. "Now that's wrong," Obama objected, "That's not fair."
I have often asked myself why do so many wealthy people support liberal causes? This is the flip-side of the usual election-year frustration of the liberals with the working classes’ clinging to their guns and religion.
Chris Christie is fed up with Warren Buffet over the tax issue.