Liberal Think Tank Inadvertently Undermines Media Spin: Almost All Mil

September 21st, 2011 8:05 PM
While most of the media continue to obsess about millionaires supposedly not paying their "fair share" of taxes, the liberal Brookings Institution has let the cat out of the bag concerning just how absurd this whole thing is. According to the Washington Post's Dana Milbank, he discussed this issue with Brookings' William Gale, and disclosed his findings to Chris Matthews on MSNBC's "Hardball…

Open Thread: The Complications and Misinformation of the 'Buffett Rule

September 21st, 2011 11:44 AM
As NewsBusters reported yesterday, Warren Buffett has spent years campaigning with the liberal media to raise taxes on the rich. Buffett has found an ally in President Obama to implement the "Buffett rule," a complicated and misinformed proposal that would raise taxes even more on the wealthy. As explained by the Tax Foundation: During his Rose Garden speech [Monday], President Obama once…

Albany Times Union: Obama Tax Hikes Not Class Warfare, Just ‘Fairne

September 21st, 2011 1:11 AM
It’s good to see the editorial board at the Times Union isn’t even bothering to mask their liberal bias these days.  Via a blog known as The Observation Deck, which boasts some of the more prominent members of the newspapers staff, including editor and vice-president, Rex Smith, editor-at-large, Harry Rosenfeld, and publisher George R. Hearst III, the Union has been printing some of the most…

MSNBC's Bashir Suggests Founding Fathers Would Favor Obama's Push for

September 20th, 2011 5:12 PM
British-born MSNBC afternoon anchor Martin Bashir devoted his September 20 "Clear the Air" commentary to clouding the issue of raising taxes by citing the clause in Article I, Section 9 of the U.S. Constitution's that bans Congress from granting titles of nobility (video follows page break):

Buttressing Buffett: For 10 Years, the Liberal Media Championed Billio

September 20th, 2011 3:52 PM
President Barack Obama's nicknaming his new tax increases on the wealthy the "Warren Buffett rule" is fitting since the billionaire has spent a decade campaigning for a tax hike, a campaign his friends in the liberal media have been more than willing to join. For over 10 years the media promoted Buffett's complaint that the wealthy in America don't pay enough in taxes, spurred on by a Buffett's…

Scarborough Falsely Claims 'The Average Millionaire-Billionaire Pays E

September 20th, 2011 11:36 AM
Hours after NewsBusters debunked the myth about the rich paying less taxes as a percent of income than lower earners, and minutes before the Associated Press confirmed our figures, Joe Scarborough said Tuesday, "The average millionaire-billionaire pays eighteen percent in taxes in America." Going completely contrary to actual Internal Revenue Service data released weeks ago, the "Morning Joe…

Voluntary Taxes? Obama Will 'Ask the Rich' to Pay More, Claims New Yor

September 19th, 2011 2:15 PM
Sunday’s lead New York Times story by White House correspondent Jackie Calmes pushed the president’s new plan to raise taxes on “the wealthy.” The president, in what the Times seems to think is a bright idea, is calling his proposal the “Buffett rule,” after the billionaire who made waves with his complaint, printed in the Times, that uber-wealthy investors like him were not being taxed enough…

McConnell: If Buffett Feels Guilty About His Taxes 'He Should Send in

September 18th, 2011 12:11 PM
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):

Chuck Woolery: Only Thing Stopping Leftist Celebs From Paying Higher T

September 13th, 2011 5:50 PM
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…

NY Times Editorial: Pay Up Like Buffett Wants Or Watch Your Mercedes B

September 13th, 2011 5:22 PM
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…

NYT: Buffett's 'Tax Me Please' Philosophy Welcomed in Europe; a Cure f

August 31st, 2011 3:12 PM
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…

Warren 'Raise My Taxes' Buffett's Company May Owe IRS $1 Billion

August 30th, 2011 5:29 PM
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:

Warren Buffett's Company Hasn't Paid All Taxes Owed In Years, Media Mu

August 29th, 2011 5:28 PM
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:

Why Does the New York Times Adore 'Legendary Investor' Warren Buffett

August 27th, 2011 5:40 AM
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…