WASHINGTON -- New York billionaire entrepreneur Donald Trump telephoned his friend Arnold Schwarzenegger Tuesday and told him he better get rid of billionaire stock-picker Warren Buffett as his economic adviser if he wants to be elected governor of California.
Trump told Schwarzenegger that he holds substantial real estate in California and that increasing state property taxes advocated by Buffett would be devastating to him personally and to the state's economy. "If you kill Proposition 13," Trump added, "you kill Schwarzenegger for governor." Buffett has called for the repeal of Prop. 13, a limit on property taxes approved by California voters in 1978.
Schwarzenegger did not fire Buffett, but tried to curb his pro-tax comments when they appeared together Wednesday. More talk about Prop. 13 by Buffett, said the bodybuilder, and he would make the 72-year-old investor do 500 pushups.
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http://www.townhall.com/columnists/robertnovak/rn20030823.shtml