President Obama Attacks Tax Structure, Uses 30% Minimum Tax Rule Suggested By Warren Buffett

President Obama wants millionaires to pay higher tax levels and despite potential tax loopholes the President wants those taxes to be at least 30% of a millionaires earned income. If that number sounds familiar it may be because ... continue

Warren Buffett Says Congress, Not Romney is to Blame For Tax Rate, Defends GOP Contender

Lest you think Warren Buffett is a self-hating Richie Rich, the sympathetic billionaire- who has long decried that he himself pays a far lower tax rate than many of his employees- has actually stepped in to defend ... continue

Warren Buffett Answers Federal Deficit Pay Down Challenge, Writes A Check For $49,000

Last week Kim LaCapria at Inquisitr wrote about a challenge Warren Buffett made to opponents of higher taxes for the rich. He told those Republican lawmakers that he would match any donation they voluntarily made to help ... continue

Warren Buffett Throws Down GOP Donation Challenge, Tells McConnell to Bring It

Warren Buffett caught the attention of those both for and against a fairer tax rate in the US back in August when he wrote a missive for the New York Times calling out the current tax system as ... continue

Warren Buffett Challenges Rupert Murdoch To Game Of Show And Tell “Tax Return Style”

If you've been paying attention to the musings of the Wall Street Journal lately you're probably already aware that their conservative editorial board has been attacking Warren Buffett and his support for taxing the ultra-wealthy and now ... continue

Warren Buffett Backs Up Economy and Bank of America As Berkshire Plans First Ever Share Buyback

Warren Buffett on Friday said Berkshire Hathaway will continue to invest in the economy even as the company prepares their first ever share buyback program. Speaking during a CNBC interview Buffett said Berkshire will continue to make acquisitions ... continue

Obama To Unveil “Buffett Rule” On Monday, Target Higher Taxes For Rich People

Billionaire investor Warren Buffet recently argued that rich people are not paying enough taxes and in that spirit President Obama on Monday is expected to roll out the "Buffett Rule" a new tax plan that will create ... continue

Warren Buffett Donates $1.78 Billion To Charity

Warren Buffett has once again dug deep down in his pockets to make a sizable donation. The "Oracle" of Omaha donated $1.78 billion this week to the Bill & Melinda Gates Foundation and several other charities as ... continue

Buffett now richest American; Gates poorer

As if announcing who is rich matters especially at this time when everyone is poor (or feeling poor), a recalculated list by Forbes would name Warren Buffett as richest American in the Forbes 400 list. The recalculation took ... continue