Thursday, January 12, 2012

Warren Buffett, left-wing phony

Billionaire investor and left-wing phony, Warren Buffet, 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."...

"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," said Buffett, [the left-wing hack.]

However, an aide to McConnell suggested that the Berkshire Hathaway CEO should expand his matching offer to President Barack Obama and his Democrats.

"Senator 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," said Don Stewart, McConnell's deputy chief of staff.

"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 Democratic National Committee," he added...

Buffett, who has raised money for President Barack Obama recently, also [took] swings at Republican presidential candidates Mitt Romney and Newt
Gingrich...
However, as others have noted previously, "while Warren Buffett complains that the rich aren’t paying their fair share, his own company has been fighting tooth and nail to avoid paying a larger share."
Buffett’s own company, Berkshire Hathaway, has had every opportunity to pay more taxes over the last decade. Instead, it’s been mired in a protracted legal battle with the Internal Revenue Service over a bill that one analyst estimates may total $1 billion.

Yes, that’s right: while Warren Buffett complains that the rich aren’t paying their fair share his own company has been fighting tooth and nail to avoid paying a larger share.

According to Berkshire Hathaway’s own annual report, the company is embroiled in an ongoing standoff over its tax bills.

That report, in turn, was cited in an editorial in The New York Post.

“Obvious question: If Buffett really thinks he and his 'mega-rich friends' should pay higher taxes, why doesn’t his firm fork over what it already owes under current rates?” the Post opined.

“Likely answer: He cares more about shilling for President Obama... than about kicking in more himself.”
Warren Buffett is a complete phony; the perfect spokesman for President Obama.

Birds of a feather, flock together...

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