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Warren Buffett Is A Huge Fan Of The Buffett Rule

The Oracle of Omaha has given the eponymous piece of legislation two thumbs up.

Warren Buffet said in a letter Wednesday that he was “delighted” to support legislation to implement the “Buffett Rule,” which would ensure that those making over $1 million annually pay at least a 30 percent effective tax rate. “I’m delighted to be identified as a supporter of S. 2059,” Buffett wrote in a letter to Sen. Sheldon Whitehouse (D-R.I.), who introduced legislation to implement the rule. “I have no problem endorsing any large step in the direction of greater fairness in the Tax Code. … Thanks for what you are doing for our country,” Buffett added, according to the senator’s office.

In related news, Chris Christie, who yesterday told Buffett to go to sleep or the NJ governor would put him to sleep, said today that he’s worried that Obama is just “using” Buffett to “make a point” about taxes.  Obviously that will come as a distressing surprise to WB, who was surely laboring under the impression that none of this had anything to do with anyone’s agenda and that he and the President were just bros doing bro things.

Warren Buffett: I’m ‘delighted’ about Buffett rule [Politico]

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44 Responses to “Warren Buffett Is A Huge Fan Of The Buffett Rule”

  1. RFK says:

    People say I am ruthless. I an not ruthless, and if I find the man who is calling me ruthless, I shall destroy him.

  2. derp says:

    Let's get this straight nudniks…
    Buffett = Bad
    Buffet = Good

  3. Im_a_Dude says:

    The new Buffett Rule will actually increase his dear secretary's tax bill

  4. guestapo says:

    CC: You can trouble me for a warm glass of shut-the-hell-up.

  5. In related news... says:

    Senator Christie is delighted to endorse the Buffet Rule, which would insure that anyone weighing less than his secretary spend at least 30% of his income on fast food.

  6. Guest says:

    Being "Delighted" is a pussy emotion

    Bro, CFA

  7. Guest says:

    TRENTON – A spokesman Chris Christie has released a statement saying that the Governor is actually in support of the proposed legislation which he had originally mistook for an effort by Democrats to regulate "all you can eat" restaurant specials. He's fat.

  8. Confused says:

    I thought the Buffet Rule was no sharing from your plate?

  9. guest says:

    S. 2059, so named for the year it will likely go into effect given the current pace of government

  10. Guest says:

    If Christie doesn't watch his mouth Buffett is going to take Christie's mother out to a nice seafood dinner and never call her again.

  11. The Truth says:

    Well I hate Lou Gehrig's disease

    – Lou Gehrig

  12. Strong sell says:

    Does anyone know if Buffett is thinking of hiring another secretary?
    -J Corzine

  13. Guest says:

    Liberals – always generous with other people's money.

    • Kathy says:

      Conservatives are selfish with their money and their greed is what put our country in such a mess!! Conservatism is evil and founded on the principle of me, me, me and all for me!! It's a help the rich screw everyone else mentality and it is destructive to our nation. Liberals have heart, soul, integrity and realize that we are all in this together. Obviously guest, you are a SCROOGE, and a selfish twit!

  14. Jammin' Java says:

    Design me a tax, I'll design you a loophole (defined as a legal way of structuring your finances so as to minimize the tax's impact on them).
    "Effective Tax Rate"? Please define . . .
    "Making" over $1 million? Now we've got something to work with.

  15. Guest26 says:

    I too am a fan of the Buffett Rule.

    -Jimmy

  16. Guest says:

    Guest was just telling it like it is, no need to blame Conservatives for what your uncle did to you 20 years ago.

  17. Guest says:

    TBF, Sandusky was a raging lib

  18. Kathy says:

    Christie is a meanie for saying what he did about Mr. Buffett. Note I used only the surname for Christie because that jerk deserves NO respect whatsoever. Mr. Buffett on the other hand is a good man who cares about his country.

  19. Kathy says:

    the left has honesty and integrity, unlike your right wingers who are caught tootsying in the men's room like one repub senator!! Look in the mirror stick, you are a *ick!!!

  20. David says:

    Christie was right on. The Buffet rule is a joke. He should just write a check and shut up.

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