Buffett Rule

  • 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. Read more »

  • 03 Oct 2011 at 11:54 AM
  • taxes

George Soros Can’t Wait For The Buffett Rules

“As one of the people who will be directly affected by the proposed new rules, let me say that I wholeheartedly endorse them,” says George Soros of carried interest and Obama’s proposed Buffett rule, which would force those making more than $1 million to pay at least as much federal income and payroll taxes as those who make less. [AR]

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.” Reached Sunday in Omaha, Nebraska, the outspoken billionaire said the administration “asked me if they could use my name (on it) and I said, ‘Sure. It’s what I believe.'” [FBN]