Warren Buffett On Kim Kardashian: I Know She Puts Her Name In The Paper
Warren Buffett is definitely not keeping up with the Kardashians.
When asked by Time Magazine if he was versed in the storied exploits of reality star Kim Kardashian, the billionaire businessman/philanthropist said, "I've seen her name, but I wouldn't be able to tell what she does but put her name in the paper."
He may want to do some research; investing in her star could actually help his latest social justice campaign.
Buffett has been leading the charge to pressure Congress to increase tax rates on America's richest citizens, insisting that it is the responsibility of those with the most to help rebuild the nation for the less affluent and working classes. His effort coincides with the efforts of California's Courage Campaign, which has publicly called on Kardashian, who made $12 million in 2010, to endorse a millionaire's tax that would put her in a higher bracket; currently, the campaign says she pays just 1% more than middle class Californians.
For his part, Buffett has been concentrating on the incomes of the richest members of Congress. Republicans in the Senate proposed an option be added on tax forms that would allow people to pay more than required, a shot at Buffett and those calling for higher rates. On Thursday, Buffett said he was calling their bluff, and would match all extra tax donations made by Republican lawmakers, including a 3-to-1 match on anything Senate Minority Leader Mitch McConnell donated.