Monday, August 15, 2011

Warren Buffet Hands The American Public A "Nice Shiny Nickel"

It is a legend of the Public Relations world that the firm of Ivy Ledbetter Lee talked John D. Rockefeller into handing out "nice shiny nickels" to schoolchildren as part of his campaign to improve his public image in the early 1910's.



Such farcical behavior is now easily seen as synonymous with cynicism and misanthropy.



Likewise, Warren Buffet's article in today's New York Times is a "nice shiny nickel" passed out to all the fools who buy into the Left's "coddled super rich" trope.



Warren Buffet believes he can buy your souls for a nickel. All he has to do is hand out an opinion piece in the NYT about taxing those who make over $1 million a year, and he believes you will always think of him, from now on, as a fair-minded person; one who we, the average people, would never want to target.



Make no mistake, this article from Warren Buffet is not a policy proposal, it is an arrogant and sneering Public Relations maneuver.



From the New York Times:

for those making more than $1 million — there were 236,883 such households in 2009 — I would raise rates immediately on taxable income in excess of $1 million, including, of course, dividends and capital gains. And for those who make $10 million or more — there were 8,274 in 2009 — I would suggest an additional increase in rate.
Commentary from Reliapundit:

So, let me get this straight:



Buffett, you think we can balance the budget by taxing 245,000 Americans at a marginally higher rate?



YOU'RE INSANE.



THE DEFICIT THIS YEAR WILL BE $1.4 TRILLION.



IF YOU TOOK ALL THE ASSETS AWAY FROM THESE FOLKS, IT WOULD NOT BALANCE THE BUDGET - AND YOU WILL HAVE KILLED THE GOOSE THAT LAYS THE GOLDEN EGGS.



WE SPEND TO MUCH; WE ARE TAXED ENOUGH.

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