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“Exposing & Combating Liberal Media Bias”
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Becky QuickMedia Darling Warren Buffett Decries Obama’s Windfall Profits Tax
In the past when Warren Buffett has spoken out the "super rich" needing to pay a higher tax rate, the media have hung on his every word. But, now that he has spoken out against a windfall profits tax on oil, will they notice? Buffett said he disapproved of the windfall profits taxes in an interview with CNBC's Becky Quick on "Power Lunch" on June 25. "I think it is very hard to have windfall taxes," Buffett said. "Steel has doubled in price. Is that a windfall for the steel producers? Sure. Corn is $7 a bushel; soybeans are at $15 a bushel. I don't think any candidate in his right mind with the number of electoral votes in farm states would say you ought to tax farms specially because they are getting a windfall." Media ♥ Warren Buffett-style PopulismWho says businesspeople can't get a fair shake from the media? Just ask Warren Buffett, who knows the secret recipe for media adoration: support Democratic candidates who advocate populist social programs. Buffett, known as the "Oracle of Omaha," was interviewed in San Francisco prior to a fundraiser for Clinton. Reporter Becky Quick referred to this appearance as a "special cause." "Today he is in San Francisco and he's here for a very special cause - campaigning, or actually trying to raise money for Hillary Clinton, who's running for president," Quick said. |
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