• 23 Feb 2012 at 12:57 PM

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]

44 comments (hidden to protect delicate sensibilities)
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Comments (44)

  1. Posted by RFK | February 23, 2012 at 1:14 PM

    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. Posted by derp | February 23, 2012 at 1:23 PM

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

  3. Posted by Im_a_Dude | February 23, 2012 at 1:30 PM

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

  4. Posted by guestapo | February 23, 2012 at 1:35 PM

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

  5. Posted by In related news... | February 23, 2012 at 1:44 PM

    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. Posted by Guest | February 23, 2012 at 1:46 PM

    Being "Delighted" is a pussy emotion

    Bro, CFA

  7. Posted by Guest | February 23, 2012 at 1:50 PM

    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. Posted by Confused | February 23, 2012 at 1:56 PM

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

  9. Posted by guest | February 23, 2012 at 1:56 PM

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

  10. Posted by Guest | February 23, 2012 at 1:58 PM

    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. Posted by The Truth | February 23, 2012 at 2:09 PM

    Well I hate Lou Gehrig's disease

    - Lou Gehrig

  12. Posted by Strong sell | February 23, 2012 at 2:22 PM

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

  13. Posted by Guest | February 23, 2012 at 2:27 PM

    Liberals – always generous with other people's money.

  14. Posted by Ben Stiller | February 23, 2012 at 3:01 PM

    Ooooooo!! Tuff guy!

  15. Posted by Guest | February 23, 2012 at 3:09 PM

    Pull your lip over your head and swallow

  16. Posted by Jammin' Java | February 23, 2012 at 3:52 PM

    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.

  17. Posted by Guest26 | February 23, 2012 at 3:52 PM

    I too am a fan of the Buffett Rule.

    -Jimmy

  18. Posted by Guest | February 23, 2012 at 3:54 PM

    WOW

  19. Posted by Guest | February 23, 2012 at 4:02 PM

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

  20. Posted by Guest | February 23, 2012 at 4:12 PM

    TBF, Sandusky was a raging lib

  21. Posted by Abe_Froman_ | February 23, 2012 at 4:24 PM

    Tired of Uncle Warren and Chinese food getting all the Buffett spotlight?

  22. Posted by guestapo | February 23, 2012 at 4:29 PM

    Never comment again. Christ.

  23. Posted by guestapo | February 23, 2012 at 4:30 PM

    Don't keep up with the news much?

  24. Posted by guest | February 23, 2012 at 4:30 PM

    You're an idiot.

  25. Posted by Guest | February 23, 2012 at 5:24 PM

    No this is Moses.

  26. Posted by Bessemer Process | February 23, 2012 at 5:59 PM

    Do not keep up with how to post well?

  27. Posted by guest house | February 23, 2012 at 7:14 PM

    -guy whose life was touched by Sandusky

  28. Posted by Kathy | February 23, 2012 at 7:57 PM

    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.

  29. Posted by Kathy | February 23, 2012 at 8:00 PM

    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!!!

  30. Posted by Kathy | February 23, 2012 at 8:02 PM

    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!

  31. Posted by Fixed Income | February 23, 2012 at 8:14 PM

    You sound very immature and not very bright. Call me.

    – J. Epstein

  32. Posted by Guest | February 23, 2012 at 11:57 PM

    Don't you Mother Jones/Daily Kos trolls have anything better to do?

  33. Posted by Guest | February 24, 2012 at 8:45 AM

    You are not great at typing. How did you type "http://www.dealbreaker.com," when you clearly meant to type "http://www.huffingtonpost.com?"

  34. Posted by Guest | February 24, 2012 at 10:41 AM

    Cry me a river kathy. This isn't Gawker

  35. Posted by Guy with A.D.D. | February 24, 2012 at 1:14 PM

    "Liberals have Heart, soul, integrity and realize that we are all in this together"

    You forgot "debt " as well.

    Like guest said, always easy to spend other people's money. Why isnt Warren Buffet just writing a check, whats the holdup? Lead by example chubs.

  36. Posted by David | February 24, 2012 at 10:34 PM

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

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