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kpete

(71,986 posts)
Mon Jan 23, 2012, 02:00 PM Jan 2012

Buffett hits Romney on Buffett rule

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He makes his money the same way I make my money. He makes money by moving around big bucks, not by straining his back and going to work cleaning the toilets or whatever it may be. He makes it shoving around money. I make it shoving around money. If you look at the 400 highest incomes in the United States, they average $220 million. Something like 90 of them are effectively unemployed. They have no earned income, and that number has gone up over the years. [...]

It’s the wrong policy to have. Nothing wrong about Romney doing that. He will not pay more than the law requires. I don’t fault him for that in the least, but I do fault the law that allows him and me, earning enormous sums to pay over all federal taxes at a rate that is about half what the average person in my office pays.

http://thinkprogress.org/economy/2012/01/23/409332/buffett-romney-money-shoving/
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