By Noel Sheppard | September 18, 2011 | 12:11 PM EDT

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):

By John Nolte | September 13, 2011 | 5:50 PM EDT

To me this ‘raise my taxes!” nonsense coming from wealthy hypocrites is exactly like this Global Warming nonsense coming from wealthy hypocrites. How’s this for a compromise: when you start living like the planet’s in peril only then will I stop laughing in your lying hypocritical face every time you open your lying hypocritical mouth.

To have gazillionaires wring their lying hypocritical hands over the plight of Mother Earth from air conditioned mansions as they ply their trade in an entertainment industry that guzzles more energy than Halliburton and Walmart combined, epitomizes a lack of self-awareness so pathetic it should qualify you as being mentally ill.

By Clay Waters | September 13, 2011 | 5:22 PM EDT

The headline to a New York Times editorial Saturday sounds like a conservative parody of liberal sanctimony: “The Enlightened Want to Be Taxed.” The content is no better, another boost of the paper's favorite multi-billionaire Warren “tax me more” Buffett, whose crusade was launched on the Times opinion page August 15, while offensively crediting the left-wing threat of property destruction as a reasonable response to “cuts to social welfare programs” in Europe.

Some of the world’s wealthiest people are calling for higher taxes on the rich. They seem to recognize that the burden of the economic downturn cannot be borne entirely by the poor and middle class.

By Clay Waters | August 31, 2011 | 3:12 PM EDT

The New York Times is still stirring up news based on an op-ed published in the paper two weeks by billionaire Warren “Tax Me More” Buffett, “Stop Coddling the Super-Rich,” pleading for the government to raise the effective tax rate on wealthy investors like him.

Buffett’s op-ed went viral among liberals online, and has spread to Europe, according to Wednesday’s Business section story from London by Julia Werdigier, “Tax Me More, Europe’s Wealthy Say -- With an Eye on Deficits, the Affluent Talk About Fairness.” The text box emphasized: “A debate after Buffett called for an end to ‘coddling’ the rich.”

By Noel Sheppard | August 30, 2011 | 5:29 PM EDT

As NewsBusters reported Monday, American media almost completely ignored a report that Warren "Raise My Taxes" Buffett's company Berkshire Hathaway has been fighting with the IRS for almost a decade over taxes it owes.

On Tuesday, the organization digging into Berkshire Hathaway's numbers, Americans for Limited Government, estimated the total could be as much as $1 billion:

By Noel Sheppard | August 29, 2011 | 5:28 PM EDT

Two weeks ago, when billionaire Warren Buffett called for higher taxes on rich people like him, the liberal media predictably gushed and fawned.

Yet when Americans for Limited Government revealed last week that Buffett's company Berkshire Hathaway has been in an almost decade-long dispute with the IRS over how much taxes it owes, these same press members couldn't care less:

By Clay Waters | August 27, 2011 | 5:40 AM EDT

There’s some strange respect shown today for one particular multi-billionaire investor in the liberal pages of the New York Times. Friday’s lead story by Nelson Schwartz, “Buffett to Invest $5 Billion In Shaky Bank of America.” introduced Buffett as “Warren E. Buffett, the legendary investor, is sinking $5 billion into Bank of America in a bold show of faith in the country’s biggest, and most beleaguered, financial institution.” Schwartz also called him “the legendary investor” in a March 23, 2008 story.

In all, Times reporters have referred to Buffett as a “legendary investor” at least nine times in its pages over the last five years, not counting several references to him as a “legendary investor” on the paper’s DealBook blog. No other investor has been hailed as “legendary” in print more than once by the Times.

By Brent Bozell | August 23, 2011 | 9:51 PM EDT

One of the greatest perversions of statism is the use of taxpayer money to push for ever more government spending and more government intervention. A casual listener to the far-left end of the FM dial, National Public Radio, will quickly conclude that NPR is one of America's leading offenders in this perversion.

Let's just take one show, the August 22 evening newscast "All Things Considered," perhaps one of the most ill-named programs in the history of radio. Conservatism is never considered. It is only besmirched, assaulted, and rhetorically dismembered.

By Noel Sheppard | August 22, 2011 | 10:28 AM EDT

As NewsBusters reported, America's media last week gushed and fawned over billionaire Warren Buffett's call for higher taxes on the rich.

On Monday, Harvey Golub, the former CEO of American Express, responded to the Oracle of Omaha in a Wall Street Journal op-ed that reveals a side of this tax story media refuse to share with the American people:

By Clay Waters | August 17, 2011 | 2:16 PM EDT

New York Times reporter David Kocieniewski reported on the front of Tuesday’s Business section reported on the op-ed by billionaire investor Warren Buffett’s in Monday’s Times which has gone viral in liberal circles. Buffett called for higher taxes on rich people like him in the name of fairness, claiming his 17% effective tax rate was lower than anyone else in his office.

Kocieniewski, who in January 2005 took advantage of a book by moderate Republican governor Christine Whitman of New Jersey to attack "conservative hubris" and the Republican party's "lurch to the right,” used the flawed static analysis employed by liberal economists to prove that higher tax rates would automatically lead to higher tax revenues, as if raising rates would have no effect on how people invest their money.

By Noel Sheppard | August 15, 2011 | 9:11 AM EDT

The liberal media are predictably fawning over billionaire Warren Buffett's op-ed in the New York Times Monday calling for new taxes on the super-rich.

This led MSNBC's Pat Buchanan on Monday's "Morning Joe" to challenge the Oracle of Omaha asking, "Why doesn’t he set an example and send a check for $5 billion to the federal government?" (video follows with transcript and commentary):

By NB Staff | December 3, 2010 | 12:26 PM EST

While the media have been hyping rich liberals like Ted Turner and Warren Buffett calling on Congress to raise taxes on Americans earning over $250,000 per year, they've failed to inform the public that the nation's top earners already pay a disproportionately large share of the nation's tax burden, NewsBusters publisher Brent Bozell told Fox News's Steve Doocy on this morning's "Fox & Friends" :