Tag Archives: liberal hypocrisy

Warren Buffet is Good at Two Things: Making Money and Tricking Democrats

The difference between rich republicans and rich democrats is that often time republicans will at least admit they want to minimize their tax bills and make a lot of money. The same cannot be said for guys like Warren Buffet. He says rich people should pay more taxes, but he goes out of his way to take advantage of every loophole in the book. He justifies his actions by saying that his contributions would only be a “drop in the bucket” unless everyone else also paid more.

Two things:
1) Even if everyone else paid more, his increased contribution would still be the same “drop in the bucket”
2) Did Jesus not live by the morals he preached simply because himself alone could not suddenly make the whole world moral?

Today we got more news from Buffet, mainly that he is helping Burger King move their headquarters to Canada to take advantage of their more favorable tax policies (which makes sense considering the USA has some of the highest corporate tax rates in the developed world). Liberals are naturally calling foul on this play because they don’t believe in companies minimizing their taxes (though many high profile liberals don’t mind legally minimizing their own taxes, even if that means using tax havens). Many are also disappointed that Buffet, such a loyal supporter of the President and supposedly a rich guy who “gets it”, is helping facilitate BK’s move. But this should surprise no one. Buffet is most likely just as self interested as any other rich and powerful person. Just because someone gives to charity and talks as if they are against rich people doesn’t mean they are consistently loyal liberals.

I’m not saying there is anything wrong with what Buffet helped BK do, or that he minimizes his tax bill. I’m just saying that people on the left shouldn’t be surprised that the richest man in the world isn’t a male version of Elizabeth Warren.