The 99 percent must insist Congress pass the Buffet Rule. They must render tax shirking by those in first class as unacceptable as driving with a pet dog strapped to the car roof. The survival-of-the-richest attitude is bad for the country and antithetical to democracy.
Obama should take his own advice and publicly rename the idea the "Reagan Rule" -- and then run a television ad explaining why to the country.
I asked myself: Would the president's Buffett rule rhetoric connect as well with the truly oppressed middle class people whose dreams and life savings have been shattered and who now don't worry about paying much in income taxes?
Tax credits don't work to encourage behavior if Americans can't understand them, so let's get Congress and the president to enact the "Baffle Rule" this year, so that our taxes for next year are friendlier and less baffling to the self-employed and small businesses.
If the American people make their voices heard and put enough pressure on Congress, we can restore fairness in our economic system, do what's right for the middle class, and show that Congress can stand up to special interests.
Buffett talks about how BRK intrinsic value is far greater than book value; Dimon goes on about how he is going to increase tangible book value by 15 to 20 percent a year.
Mr. President, you lost me and most of America with all your talk about Trojan Horses and Social Darwinism, as I thought I was back in a course on classics or American intellectual history at Harvard in the 1950s.
If you want to learn how to invest like Warren Buffett, you've got to learn how to sell investments effectively. Selling in this case can mean selling to take a profit or selling to take a loss to free up the cash and to emotionally move on.
Politicians insisted that identifying slimed beef is not necessary, or even wise, because the fabricated-sans-fat-smashed-meat-scraps-seasoned-with-ammonia mixture is more nutritious. They chose to champion not consumers but slime producers. The reason is obvious.
It may surprise a lot of people to find Ronald Reagan, Barack Obama, Sheldon Whitehouse and I on the same side of anything. But with an issue like this that makes so much sense the real question is, why does today's right wing disagree?
Raising corporate taxes -- or closing all the loopholes -- is a first step if we want to create a sustainable recovery, rather than more busted bubbles.
Warren Buffett once referred to derivatives as "financial weapons of mass destruction" created by "madmen." Real WMD have rarely been used. However, derivatives are used quite a lot, and it appears that Italy got hit by the derivatives WMD in January.
For too long in America, there's been two tax systems: one for the middle class and another for the very wealthiest. This year, let's make tax season about restoring tax fairness for America's working families.
Peter Buffett seeks to leave his audience with an inspirational and rewarding experience that develops ideas for living a fulfilling life. I thought it would be helpful to talk to Peter to get a better idea about the show.
How can you plan for a future where you create income that is more like Warren's? It starts with setting aside investable savings.
Here's a quick guide on how to avoid the Buffett rule if you're a large shareholder in a public company or have some extra cash to invest. But, unfortunately, these strategies won't help much if you're Jeremy Lin.