Warren Buffett Strikes Back

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On the same day the story broke that Warren Buffett was placing a huge portion of his fortune beyond the reach of the government by donating it to his billionaire buddy Bill Gates's charity, the Oracle of Omaha called on lawmakers to preserve the estate tax.

"I would hate to see the estate tax gutted," Buffett said at a Manhattan news conference with the Gateses about his donation.
"It's a very equitable tax," Buffett said. "It's in keeping with the idea of equality of opportunity in this country, not giving incredible head starts to certain people who were very selective about the womb from which they emerged."

Okay. Now we're starting to think he's just trying to provoke us.

Buffett calls for retention of estate tax
[Reuters]

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