Warren Buffett Does Not Endorse WH's "Buffett Rule"

[Coach is Back!]

CNBC: "Are you happy that the way it is being described. Is the program that the White House has presented a million dollars and over your program? "

Warren Buffett: "Well, the precise program which will -- I don't know what their program will be. My program would be on the very high incomes that are taxed very low. Not just high incomes. Somebody making $50 million a year playing baseball, his taxes won't change. Make $50 million a year appearing on television, his income won't change. But, if they make a lot of money and pay a very low tax rate, like me, it would be changed by a minimum tax that would only bring them up to what other people pay."

CNBC: "Does that mean you disagree with the president's new jobs proposal which would be paid for by raising taxes on households with incomes of over $250,000."

Buffett: "That's another program that I won't be discussing. My program is to have a tax on ultra-rich people who are very tax rates. Not just all rich people. It would probably apply to 50,000 people in a population of 300 million."


http://www.realclearpolitics.com/video/2011/09/30/warren_buffett_does_not_endorse_buffett_rule.html

[Soul Crusher]

LMAO - where is benny now on this?

[pluck]

This won't go over well with the liberals.

They hate facts.

[Coach is Back!]

Libs avoiding this thread like the plague...LOL! Where's TA on this. Hahaha

[mass243]

Buffett is fukin' great!! Greatest American (well, that may not be much but still) alive.


True inspiration and mentor to anyone. I have deep respect to him.
I don't say everyone can become as successful as him but everyone can learn from his life philosophy and humble attitude.

[Benny B]

LMAO - where is benny now on this?

Buffett says he wants to see the final bill. Makes sense.

So, our Mexican midget friend, are you saying you would accept Buffett's preference to raise taxes only on the ultra-rich? Your party is in favor of NO TAX HIKES ON ANYONE, full stop.

[Soul Crusher]

Buffett says he wants to see the final bill. Makes sense.

So, our Mexican midget friend, are you saying you would accept Buffett's preference to raise taxes only on the ultra-rich? Your party is in favor of NO TAX HIKES ON ANYONE, full stop.

Obama is not be trusted with a single penny more after the Solyndra and Stimulus debacle.   

[Benny B]

This won't go over well with the liberals.

They hate facts.

Buffett is a full-thoated democrat and supports Obama's overall opinion of raising taxes on the wealthy. Buffett believes Mitch McConnell's response to "The Buffett Rule" is juvenile and stupid.

[Swede!]

you know what, the daily updates are up! Join on twitter, follow on facebook or just visit the site  @

www.letskillsometime.com

somethang for everyone

[Benny B]

Obama is not be trusted with a single penny more after the Solyndra and Stimulus debacle.   

Poor crazed, racist, PEA BRAIN. 



The fat, unemployed, chronically-masturbating little turd needs help.

[Benny B]

you know what, the daily updates are up! Join on twitter, follow on facebook or just visit the site  @

www.letskillsometime.com

somethang for everyone

[Soul Crusher]

Poor crazed, racist, PEA BRAIN. 



The fat, unemployed, chronically-masturbating little turd needs help.

Only a racist 95er like yourself would trust a scammer like obama with more money.  

[IrishMuscle84]

My pops is a limo driver. Drove Warren Buffett a few years ago, gave my pops a $2000 cash tip.

[Swede!]

My pops is a limo driver. Drove Warren Buffett a few years ago, gave my pops a $2000 cash tip.

That happened on your 17th birthday and thats was the last you even saw of your dad 

Damn you warrenn buffet Damn you!

[Benny B]

Only a racist 95er like yourself would trust a scammer like obama with more money.  

All day, every day, it is the same for you. No job, pathological racist, no girlfriend. We all pity you, PEA BRAIN. 

[mass243]

My pops is a limo driver. Drove Warren Buffett a few years ago, gave my pops a $2000 cash tip.

Sure  

Until very recently Buffett drove his own car.

[IrishMuscle84]

That happened on your 17th birthday and thats was the last you even saw of your dad 

Damn you warrenn buffet Damn you!

LOL. So your trying too say, my father left me and my family?? LOL. Wrong. Or your trying too say that i barely see him?? Thats true.............because he works his fuckin ass off, even at 68 years old and he currently has a torn/ripped calve muscle hes been hobbling around on and still works his ass off.

[IrishMuscle84]

Sure  

Until very recently Buffett drove his own car.

Yes, BUT he Flew out too chicago a few years ago, in which my Father picked him up at the airport.  

[mass243]

Yes, BUT he Flew out too chicago a few years ago, in which my Father picked him up at the airport.  

Then I just have to congratulate him. People around the world - me included -  would pay a lot of money to just briefly meet Mr. Buffett.

[Swede!]

LOL. So your trying too say, my father left me and my family?? LOL. Wrong. Or your trying too say that i barely see him?? Thats true.............because he works his fuckin ass off, even at 68 years old and he currently has a torn/ripped calve muscle hes been hobbling around on and still works his ass off.

I was trying to be funny

[IrishMuscle84]

I was trying to be funny

I know.....No harm no foul 

[240 is Back]

Buffett says he wants to see the final bill. Makes sense.

Repubs like to sign pledges they have not yet read.

shame on a dem for wanting to see final outcome before committing!

[Jack T. Cross]

Coach, your post was misleading.  You took only part of the topic, AND you altered it.  That's bad.

Here are Buffett's real comments:

*********************

CNBC: "Let’s talk about the Buffett Rule for a moment."

Buffett: "Uh-huh."

CNBC: "Talk to you about how it came about in terms of the White House getting in touch with you and you putting your name to this."

Buffett: "Well Gene Sperling called and said 'can we use your name' and I said 'yes.'"

CNBC: "Are you happy you said 'yes?'"

Buffett: "Sure. I mean I wrote about it."

CNBC: "Are you happy that the way it is being described. Is the program that the White House has presented a million dollars and over your program? "

Buffett: "Well, the precise program which will -- I don't know what their program will be. My program would be on the very high incomes that are taxed very low. Not just high incomes. Somebody making $50 million a year playing baseball, his taxes won't change. Make $50 million a year appearing on television, his income won't change. But, if they make a lot of money and they pay a very low tax rate, like me, it would be changed by a minimum tax that would only bring them up to what the other people pay."

CNBC: "Does that mean you disagree with the president's new jobs proposal which would be paid for by raising taxes on households with incomes of over $250,000?"

Buffett: "That's another program that I won't be discussing. My program is to have a tax on ultra-rich people who are paying very low tax rates. Not just all the rich people. It would probably apply to 50,000 people in a population of 300 million."

CNBC: "So that means you disagree with the president on the $250,000?"

Buffett: "No, no. You may disagree with him."

CNBC: "So you agree, $250,000 is the right number?"

Buffett: "I will look at the overall plan that gets submitted to Congress, and which they are voting on, and decide net, “do I like it or do I not like it”. There is no question, there will be parts I’ll disagree with."

CNBC: "And are you a supporter of his jobs program right now?"

Buffett: "I am supporter of the action he is trying to get the Congress to join him in taking to really do something, rather than sit there and go in different directions."

CNBC: "Do you agree with all the details?"

Buffett: "I haven’t looked at all the details."

CNBC: "Ok, fair enough."

[Jack T. Cross]

By the way, where's this "liberal media" I keep hearing about?