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Old 09-20-2011
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Buffett Says He Stands By 'Buffett Rule'
"Warren Buffett says he's absolutely "fine" with President Obama calling the new plan to establish a minimum tax rate for individuals making more than $1 million a year the "Buffett Rule."

Buffett has long argued that the wealthiest Americans tend to pay a smaller portion of their income in federal taxes than middle-income earners because some millionaires and billionaires often get much of their income from capital gains, which are taxed at a lower rate than basic wages.

Buffett has argued that the "billionaire-friendly Congress" has coddled the wealthy and that that practice should end.
"

In other news:
Warren Buffett Arrested For Tax Evasion
"In a surprising development, Warren Buffett was reportedly arrested this morning at his Berkshire Hathaway offices in Omaha. Allegedly, he has not only paid less than his secretary in taxes, he hasn?t paid ANY taxes in last ten years. Or maybe it was just an IRS error. It?s not clear.

The IRS has supposedly been going over Bufftett?s tax returns with extra care because President Obama is about to present the the nation with ?the Buffett tax?, which raises taxes on millionaires and billionaires.

What they reportedly found was that Buffett?s company has been paying taxes but it?s Chariman, Warren B., has not filed taxes in ten years and before that he was only paying taxes on a rate of 7%, thanks to some very creative accounting and some help from the IRS.
"

At least these democrats are entertaining
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