Billionaire Bet: Warren Buffett Challenges Rupert Murdoch To Release His Tax Returns

[cal04]

http://thinkprogress.org/politics/2011/10/04/335948/billionaire-bet-warren-buffett-challenges-rupert-murdoch-to-release-his-tax-returns/

Last week, News Corp’s Wall Street Journal editorial board told the billionaire behind the president’s “Buffett Rule” that, instead of calling for America’s wealthy to pay their fair share in taxes, Warren Buffett should “educate the public” by allowing “everyone else in on his secrets of tax avoidance by releasing his tax returns.” Today at Fortune’s Most Powerful Women Summit, Buffett wholeheartedly agreed to release his tax returns to the public. He just has one condition: “I think it might be a terrific idea if would just ask their boss, Rupert Murdoch, and he and I will meet at Fortune, and we’ll both give you our tax returns and you can publish them.” Buffett noted, “I’m ready tomorrow morning.” Murdoch has yet to respond.


Buffett challenges Murdoch on tax returns
http://money.cnn.com/2011/10/04/news/economy/buffett_taxes/

Warren Buffett has a message for Rupert Murdoch and the Wall Street Journal: Sure, I'll release my tax returns, if you do too.

Last week, the Wall Street Journal published an editorial that asked Buffett to disclose his tax returns. The piece, "Mr. Buffett's Tax Secrets," took issue with Buffett's plan to hike taxes on some of the super-rich.

(snip)
"I think it might be a terrific idea if they would just ask their boss, Rupert Murdoch, and he and I will meet at Fortune, and we'll both give you our tax returns and you can publish them," Buffett said.

"I'm ready tomorrow morning," he added. (Read full transcript of interview)
http://management.fortune.cnn.com/2011/10/04/warren-buffett-transcript/?iid=EL

[monmouth]

1. Oh boy, a couple of old guys getting into it...My money is on Buffett...n/t

[PETRUS]

2. billionaire oil wrestling would be hilarious K&R nt