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Bill Gates: ‘Taxes are going to have to go up’ on rich people
Gates has joined fellow billionaire Warren Buffett in the belief that America’s rich need to be paying more taxes. In an interview with the BBC Wednesday morning, the founder of Microsoft expressed his desire to see “a sense of shared sacrifice” from his fellow high earners. “Well, the United States…
Buffett ups challenge to GOP, pledging 15 percent of income to deficit
Speaking to a reporter with Bloomberg TV on Monday, billionaire investor Warren Buffett upped his challenge to congressional Republicans and even managed to work in a slap at presidential candidate Mitt Romney, saying that he would donate 15 percent of his annual income if just 10 percent of the Congress…
Warren Buffett serenades China with ukulele performance
Billionaire investor Warren Buffett isn’t the first person you’d think of when ukulele performances become the topic of conversation. Nevertheless, the 81-year-old appeared during a Chinese New Year broadcast aired Sunday, playing his ukulele and singing “I’ve Been Working on the Railroad.” The video was apparently recorded over a year…
GOP congressman takes up Buffett tax dare
WASHINGTON — Warren Buffett will have to contribute $49,000 from his multi-billion dollar fortune after a Republican congressman took up his dollar-for-dollar challenge for donations to help cut the US deficit. Virginia Congressman Scott Rigell was the first to take up the challenge of one of the world’s richest men,…
Buffett offers to match Republican donations to pay down deficit
WASHINGTON — U.S. tycoon Warren Buffett has challenged Republicans in Congress to make personal contributions to cut the US deficit, vowing to match their donations dollar-for-dollar. Answering Republican calls for the mega-billionaire to donate money to the US Treasury if he wants to help with deficit reduction, Buffett told Time…
Moore: GOP thinks I’m ‘this mythical, scary creature’
Liberal filmmaker Michael Moore once again appeared on CNN’s Piers Morgan Tonight on Tuesday, finding amusement in conservatives’ hysteria over him. “I think Republicans and right-wingers, they blow me up into this mythical, scary character,” he said. “He’s got all of this money, he’s controlling all of this. Him and…
Buffett challenges Murdoch to disclose tax details
WASHINGTON — US mega-billionaire Warren Buffett challenged other wealthy Americans, including News Corp magnate Rupert Murdoch, to bare their income and tax details when he revealed his own in a letter. In the letter to a congressman, Buffett, the world’s third richest man, said he earned a total of $62.8…
Buffett admits he hasn’t read Obama’s jobs plan, will likely oppose parts of it
During an appearance on CNBC Friday morning, billionaire investor Warren Buffett appeared to change course on President Barack Obama’s jobs plan, admitting he had not read the plan and suggesting that he’ll likely oppose parts of it. The admission is particularly surprising, given Buffett’s recent advocacy of the plan, and…
Van Jones: October to be turning point for progressives
Civil rights activist and attorney Van Jones said Thursday night on MSNBC that he planned to build a “progressive counterbalance” to the tea party movement. “I think everybody should hold on to your seats. October is going to be the turning point when it comes to the progressive fight back,”…
Bloomberg: Buffett’s tax the rich comments ‘theatrics’
Michael Bloomberg won’t be endorsing Warren Buffett’s ‘tax the rich more’ proposal anytime soon. The New York City mayor appeared on Meet The Press Sunday morning, describing his fellow billionaire’s recent comments on taxes as ‘theatrics” and defending high income individuals once again. “I think it’s not fair to say…
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