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  • Warren Buffett

    Happy Mother’s Day, from All American Women

    It’s all too easy for each rising generation to fall into the trap of thinking that history started when it came of age. As the United States “celebrates” the 50th anniversary of Betty Friedan’s The Feminist Mystique, many people—even the great Warren Buffett—are acting as if this is the first … More

    The "Buffett Rule" Returns

    President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the soon-to-begin sequestration spending cuts. In the Senate Democrats’ version, the Buffett Rule, named after famed investor and vocal advocate for (and benefactor of) liberal policy … More

    Chart of the Week: Growth of Government Assistance Adds to National Debt

    More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the national debt each year, according to new research by The Heritage Foundation’s Patrick Tyrrell and William W. Beach. That means that a startling number of … More

    Lesson for Warren Buffett: British Millionaires' Response to Tax Increases

    As the fiscal cliff approaches, Congress and President Obama continue to debate tax increases, even though spending is the problem. Investor Warren Buffett recently opined that tax hikes on the wealthy would not curtail investments or hurt the economy. His logic, like President Obama’s, assumes that incentives don’t matter. Oh … More

    Fiscal Cliff: Where Are Your Spending Cuts, Mr. President?

    The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as if on cue, came investor Warren Buffett’s rehashed—albeit flat-out wrong—proposal to raise taxes on the wealthy. Even though the Obama Administration has said both sides … More

    Obama Tax Hike on Small Business Would Chill Hiring

    “Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?” When asked this question by Today’s Matt Lauer, Warren Buffett confidently answered, “No.” How could this be, when the tax hikes desired by President Obama would fall directly on some of America’s most successful … More

    Morning Bell: 4 Reasons Warren Buffett Is Wrong on Tax Hikes

    Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should be taxed more. This isn’t the first time Buffett has made the case for higher taxes, and it’s not the first time he’s been wrong. … More

    Warren Buffett Wrong Again on Tax Increases

    As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point with his periodic call for higher taxes on his ilk of billionaires. Today was the day. Buffett, of course, is welcome to his opinion, but … More

    Obama Is Claiming Reagan, Again

    Yesterday President Obama tried to sell the “Buffett Rule” under a new moniker: What Ronald Reagan was calling for then is the same thing that we’re calling for now: a return to basic fairness and responsibility; everybody doing their part. And if it will help convince folks in Congress to … More

    Online Chat on the Millionaires Tax

    Click here to join us right now for our “Lunch with Heritage” online chat. We are joined by Heritage’s Senior Tax Policy analyst Curtis Dubay. He is taking your questions about the proposed surtax on millionaires, the so-called “Buffett Rule”, and the impact it would have on jobs. Lunch with … More