Warren Buffett, the billionaire calling for more taxes on the rich, said Mitt Romney’s U.S. rate of about 15 percent reflects poor laws.
And failings by the candidate for the Republican presidential nomination to see the problem.
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Showing posts with label warren buffett. Show all posts
Showing posts with label warren buffett. Show all posts
Monday, January 23, 2012
Wednesday, January 11, 2012
Warren Buffett to match $ for $ with Republicans to pay down the national debt...sadly NO republicans have put their money where their MOUTH is....surprised Naaahhhhhhhh!!!
Warren Buffett is willing to put his money where his mouth is, if only congressional Republicans would join him.
The American billionaire investor, in the new issue of Time magazine, says he would donate $1 to paying down the national debt for every dollar donated by a Republican in Congress. The only exception is Senate Republican leader Mitch McConnell - for whom Buffett said he would go $3-to-$1.
The idea stems from a New York Times opinion piece Buffett wrote last August in which he said the rich ought to pay more taxes. It sparked an instant controversy, with some Washington conservatives calling on the 81-year-old "Oracle of Omaha" to voluntarily pay extra.
McConnell said at the time that if Buffett felt "guilty" about paying too low a tax rate, he should "send in a check." This was quickly followed by introduction of a bill to give taxpayers an option on tax forms to make voluntary donations.
"It restores my faith in human nature to think that there are people who have been around Washington all this time and are not yet so cynical as to think that can't be solved by voluntary contributions," the Buffett told Time for an article hitting newsstands on Friday.
The American billionaire investor, in the new issue of Time magazine, says he would donate $1 to paying down the national debt for every dollar donated by a Republican in Congress. The only exception is Senate Republican leader Mitch McConnell - for whom Buffett said he would go $3-to-$1.
The idea stems from a New York Times opinion piece Buffett wrote last August in which he said the rich ought to pay more taxes. It sparked an instant controversy, with some Washington conservatives calling on the 81-year-old "Oracle of Omaha" to voluntarily pay extra.
McConnell said at the time that if Buffett felt "guilty" about paying too low a tax rate, he should "send in a check." This was quickly followed by introduction of a bill to give taxpayers an option on tax forms to make voluntary donations.
"It restores my faith in human nature to think that there are people who have been around Washington all this time and are not yet so cynical as to think that can't be solved by voluntary contributions," the Buffett told Time for an article hitting newsstands on Friday.
Sunday, November 6, 2011
The Buffett Bull Breaks Out during Q3!!!
Warren Buffett’s Berkshire Hathaway Inc. (BRK/A) invested $23.9 billion in the third-quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond consumer and financial-company holdings.
Berkshire bought almost $7 billion of equity securities in the three months ended Sept. 30, compared with $3.62 billion in the second quarter and $834 million in the first, the Omaha, Nebraska-based company said Nov. 4 in a filing. Stockholdings labeled “commercial, industrial and other” soared 62 percent in the three months to $17.4 billion on a cost basis, surpassing equity investments in financial and consumer-product firms.
“He sees something, and it’s big,” said Thomas Russo, a partner at Berkshire investor Gardner Russo & Gardner.
Berkshire bought almost $7 billion of equity securities in the three months ended Sept. 30, compared with $3.62 billion in the second quarter and $834 million in the first, the Omaha, Nebraska-based company said Nov. 4 in a filing. Stockholdings labeled “commercial, industrial and other” soared 62 percent in the three months to $17.4 billion on a cost basis, surpassing equity investments in financial and consumer-product firms.
“He sees something, and it’s big,” said Thomas Russo, a partner at Berkshire investor Gardner Russo & Gardner.
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