New York (CNNMoney) – Warren Buffett is again arguing for higher taxes on himself and other high-income individuals, calling for an even steeper bite than in the Obama administration's so-called "Buffett Rule."
In an op-ed column in Monday's New York Times, Buffett advocates that taxable income of between $1 million and $10 million should be taxed at a minimum 30% rate, and that income above $10 million should be taxed at 35%.FULL STORY
(CNN) – Billionaire investor Warren Buffett said he hopes Hillary Clinton will become the first female president of the United States in 2016.
"I don't see how you could have anybody better qualified," Buffett told CNN's Poppy Harlow in an exclusive interview Wednesday about the current Secretary of State and 2008 White House hopeful.
New York (CNNMoney) - Billionaire investor Warren Buffett says he has completed treatment for a mild case of prostate cancer, according to a published report.
Speaking Friday to executives of newspapers he has recently acquired, Buffett was quoted by The Omaha World-Herald as saying "It's a great day for me. Today I had my 44th and last day of radiation." The World-Herald is owned by Berkshire Hathaway, Buffett's investing company.FULL STORY
Washington (CNN) - Hours before a crucial Senate vote over the so-called "Buffett Rule," a new national poll indicates that nearly three-quarters of Americans support the measure to require people earning $1 million a year or more to pay at least 30% in taxes.
According to a CNN/ORC International survey, 72% favor the bill, which is named for billionaire investor Warren Buffett, who has argued that it's unfair that he pays a lower tax rate than his secretary. Twenty-seven percent oppose the measure.
Washington (CNN) - Spoiler alert: The Senate on Monday will not get the 60 votes needed to move ahead with the so-called Buffett Rule, which makes critics think the White House spent a week pushing it just to make a political point.
Shocking, we know.FULL STORY
Washington (CNN) - Republican National Committee Chairman Reince Priebus on Sunday said the proposed "Buffett Rule," backed by President Barack Obama, is a political maneuver meant to distract from his record on the economy.
Priebus said the rule, which would level a minimum tax rate on millionaires, amounts to "one single tiny alteration of the tax code" that will not make a significant dent in the budget.
NEW YORK (CNNMoney) - A lot gets lost in the rhetoric about the Buffett Rule, which would impose a minimum 30% tax on millionaires.
And at the top of the list is this fact: Most millionaires already pay higher effective tax rates than just about everyone else.FULL STORY
(CNN) - Warren Buffett on Monday hit back against Republican Gov. Chris Christie of New Jersey for saying the billionaire investor should "just write a check and shut up" about taxes.
"It's sort of a touching response to a $1.2 trillion deficit, isn't it, that somehow the American people will just all send in checks and take care of it," Buffett said on CNBC.
New York (CNNMoney) - Outspoken New Jersey Gov. Chris Christie had some rather harsh words for billionaire investor Warren Buffett on Tuesday.
During a discussion with CNN's Piers Morgan about tax rates, Christie made it known that he's just about had it with Buffett, the world-famous investor who lent his name to a proposed tax hike on the rich.FULL STORY