All thinking humans properly despise scoundrels like Michael Moore, but what about Warren Buffett? Most of us have grown up hearing this avuncular, chubby-cheeked, Benjamin Graham disciple referred to as the “Oracle of Omaha”. Seemed like a nice guy. And, after all, he appears to have come to his billions honestly, albeit, these days, using less Graham and more political-insider methods. But reports like THIS force you to recognize what a typical, double-talking hypocrite this old fool really is.
And if he were merely a double-talking, hypocritical old fool, it would be one thing, but he is actively working on behalf of the re-election of President Obummer. Having learned nothing from the last 2 1/2 years, he wants more of it. And he and his President vigorously advocate for higher taxes for “millionaires and billionaires” knowing full well that these higher rates will be applied to a much larger, more financially useful group known as “hundred-thousand-aires”.
So, are we allowed to despise a multi-billionaire whose company fights the IRS tooth-and-nail over every nickel owed and, at the same time, calls for higher taxes for those really rich guys, the ones making $300,000/year? Yes, indeed, yes.
And his tax arguement is PHONY, anyway.