As everybody knows by now, Warren Buffett -- class traitor -- pays a smaller share of his income in taxes than does his secretary, Debbie Bosanek. In his State of the Union address last month, President Barack Obama proposed the “Buffett Rule” to rectify this.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., withdrew from a scheduled appearance at the annual Fortune magazine Most Powerful Women conference as he recovers from treatment for prostate cancer.
President Barack Obama called on Congress to require the highest U.S. earners to pay at least 30 percent of their income in taxes, building on his election-year push for what he terms economic fairness.
Warren Buffett, who is pushing for higher taxes on the wealthy, refused the request of a Republican congressman to swap tax returns and reiterated his pledge to publish the form if other billionaires would do the same.