Congress Likely to Address Tax Dodging Mergers

Warren Buffett said “you are getting more mergers that are tax driven” and he said that Congress is “likely to address” this issue. When responding to a question about Pfizer’s bid to purchase the foreign drug maker AstraZeneca, partially to reduce its tax build in the United States by moving overseas, Buffett tells us that …

Continue reading ‘Congress Likely to Address Tax Dodging Mergers’ »

9/11 Buffett Payday

New York City Mayor Michael Bloomberg recently recruited fellow billionaire Warren Buffett. He asked him to take over a taxpayer fund that was set up to pay claims based on the toxic Ground Zero cleanup, which we recently learned from the New York Post. The surprising plan currently under review would give Berkshire Hathaway, Warren …

Continue reading ‘9/11 Buffett Payday’ »

Buffett Says “We’ll go Right Up to the Point of Extreme Idiocy”

According to billionaire investor Warren Buffett, Republicans in Congress aren’t dumb enough to hold the credit and full faith of Americans hostage to politics, but they will get very close. On Thursday while on CNBC, he also told Andrew Ross Sorkin that Congress is probably going to raise the ceiling of the nation’s debt just …

Continue reading ‘Buffett Says “We’ll go Right Up to the Point of Extreme Idiocy”’ »

Warren Buffett Says Capitalism’s “Natural Juices” Bringing Back The US Economy

Billionaire CEO and chairman of Berkshire Hathaway, Warren Buffett, tells the world investors that they need to bet on the “natural juices” of capitalism in the United States even though the country’s lawmakers are currently struggling to narrow the budget deficit. During 2012, Buffett’s entire compensation declined by 14% during the year to $423,923. Berkshire …

Continue reading ‘Warren Buffett Says Capitalism’s “Natural Juices” Bringing Back The US Economy’ »

Warren Buffett Says Congress Will Be Obama’s Biggest Obstacle During Second Term

Mr. Warren Buffett believes he understands the biggest challenge that President Obama will face during his second term, and that challenge is Congress. Even though the Oracle of Omaha believes that Congress will present Obama with his biggest problem during his second term, he also believes that the United States will overcome the poor decision-making …

Continue reading ‘Warren Buffett Says Congress Will Be Obama’s Biggest Obstacle During Second Term’ »

A Candid Conversation Between Charlie Rose and Warren Buffett

Here’s a brief look at some of the most important topics touched upon in a conversation that Charlie Rose has with Warren Buffett during an interview. Enjoy! Charlie Rose: I want to start with your recent opinion piece on a minimum tax for the wealthy. You take a stand against the idea of taxes curbing …

Continue reading ‘A Candid Conversation Between Charlie Rose and Warren Buffett’ »

The Collective Action Problem And Warren Buffett

Warren Buffett made quite the statement when talking about higher taxes and voluntary payments: Republicans recently called out multibillionaire Warren Buffett, and requested that he donate money to the United States Treasury in order to help with our current deficit reduction issues, in which Mister Buffett told Time magazine that everyone should join hands in …

Continue reading ‘The Collective Action Problem And Warren Buffett’ »

Buffett Knows Congress Will Eventually Pass A Fiscal Plan

Warren Buffett, billionaire investor, mentioned this past Wednesday that he’s really confident in Congress’s ability to eventually pass a plan that will address the upcoming fiscal cliff, even if that plan doesn’t come to fruition until earlier next year. Warren Buffett also mentioned that the current debate over the upcoming automatic tax increases and cuts …

Continue reading ‘Buffett Knows Congress Will Eventually Pass A Fiscal Plan’ »

Warren Buffett Talks Fiscal Cliff: GOP Must Put ‘Country Over Party’

Don’t worry. Even though there is lots of hysteria revolved around the fiscal cliff in the United States of America, the Oracle of Omaha tells us that we as a nation have nothing to fear. Warren Buffett, CEO of Berkshire Hathaway, and billionaire philanthropist, is the man who goes by the moniker the “Oracle of …

Continue reading ‘Warren Buffett Talks Fiscal Cliff: GOP Must Put ‘Country Over Party’’ »