McConnell: If Buffett Feels Guilty About His Taxes 'He Should Send in a Check'

Senate Minority Leader Mitch McConnell (R-Ky.) doesn't think the President's new "Buffett Rule" to create a higher tax rate for millionaires makes sense.

Speaking on Sunday's "Meet the Press," McConnell said, "With regard to his tax rate, if [Warren Buffett's] feeling guilty about it, I think he should send in a check" (video follows with transcript and commentary):

DAVID GREGORY, HOST: What’s unfair though about making richer Americans pay the same tax rates as middle income Americans?

SENATOR MITCH MCCONNELL (R-KENTUCKY): Well, look, you know, if Warren Buffett would like to give up some of his benefits, we’d be happy to talk about it. I mean, I think that means testing benefits is one of the ways that we’re going to have to solve at least the Social Security and Medicare problems long-term for the next generations. With regard to his tax rate, if he’s feeling guilty about it, I think he should send in a check.

 


Much as what MSNBC's Pat Buchanan said in August when Buffett wrote his pathetic op-ed in the New York Times complaining about how low his tax burden is.

Of course, it was revealed days later that Buffett's company Berkshire Hathaway might owe the IRS as much as $1 billion.

I highly doubt that as America's media gush and fawn over Obama's "Buffett Rule" they'll bring that up.

Noel Sheppard
Noel Sheppard
Noel Sheppard, Associate Editor of NewsBusters, passed away in March of 2014.