{"id":133162,"date":"2013-01-10T10:00:37","date_gmt":"2013-01-10T15:00:37","guid":{"rendered":"http:\/\/www.prosebeforehos.com\/?p=133162"},"modified":"2013-01-10T10:00:41","modified_gmt":"2013-01-10T15:00:41","slug":"romney-47-percent-buffett","status":"publish","type":"post","link":"https:\/\/www.prosebeforehos.com\/article-of-the-day\/01\/10\/romney-47-percent-buffett\/","title":{"rendered":"Romney’s Infamous ’47 Percent’ Includes The Wealthy"},"content":{"rendered":"

The Article:<\/strong> Buffett Says Wealthy Avoiding Taxes Among Romney’s 47 Percent<\/a> by Susanna Pak in Bloomberg News.<\/p>\n

The Text:<\/strong> Warren Buffett, the billionaire investor, said the ability of some of the highest earners to avoid federal taxes shows why laws should be changed so the wealthy pay more.<\/p>\n

\u201cThey were the moochers, and they paid zero,\u201d Buffett, the chairman of Berkshire Hathaway Inc. (BRK\/A), said today in an interview on MSNBC. \u201cThe way they get at them is a minimum tax and it\u2019s very simple to do.\u201d<\/p>\n

Buffett is pressing his call for a minimum tax on incomes above $1 million as lawmakers seek to avoid the so-called fiscal cliff, which would impose more than $600 billion in tax increases and spending cuts starting in January. He said in a New York Times opinion piece yesterday that higher taxes on the wealthy won\u2019t thwart investment.<\/p>\n

<\/p>\n

Buffett\u2019s remarks contrast with the position of Mitt Romney, the defeated Republican presidential candidate, who said in comments broadcast on CBS\u2019s \u201c60 Minutes\u201d in September that low rates are \u201cthe right way to encourage economic growth, to get people to invest.\u201d Romney, speaking to campaign donors at a private fundraiser in May, said Democratic President Barack Obama\u2019s support came from the 47 percent of Americans who see themselves as \u201cvictims,\u201d dependent on government.<\/p>\n

Buffett said today that among the 400 with the highest incomes in the U.S. in 2009, the average income was about $200 million, and that six people in that group paid \u201cnothing at all.\u201d<\/p>\n

\u201cThey were in Romney\u2019s 47 percent,\u201d Buffett said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Article: Buffett Says Wealthy Avoiding Taxes Among Romney’s 47 Percent by Susanna Pak in Bloomberg News. The Text: Warren Buffett, the billionaire investor, said the ability of some of the highest earners to avoid federal taxes shows why laws should be changed so the wealthy pay more. \u201cThey were the moochers, and they paid […]<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[259],"tags":[],"yoast_head":"\nRomney's Infamous '47 Percent' Includes The Wealthy<\/title>\n<meta name=\"description\" content=\"How moochers comprise both the poor and plutocratic.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.prosebeforehos.com\/article-of-the-day\/01\/10\/romney-47-percent-buffett\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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