MSNBC political commentator Pat Buchanan is super-annoyed with billionaire investor Warren Buffett's belief that the super-rich deserve tax increases.
Earlier this morning, The Blaze covered Buffett's notion, as written in The New York Times, that taxes should be raised for those making more than $1 million. This morning, Buchanan had plenty to say in response to this ideal:
"I’m a little fed up with these people who come on, you know, their big op-eds, all these admonitions. Why doesn’t he set an example and send a check for $5 billion to the federal government? He’s got about $40 billion. You know, you had a plan up there, I talked to Howie Carr at Boston where the super-rich could contribute an extra amount. It was something like one-tenth of one percent did it. You get all this noise from these big rich folks. Let them send checks and set an example instead of writing op-eds."
Watch Buchanan make these comments, below:
NewsBusters also highlights the fact that outlets like Yahoo! News and The Huffington Post gave prominence to Buffett's claims, indicating what the media watchdog sees as the perpetuation of left-leaning ideals on tax policy.
While Buffett is certainly entitled to his opinion on the matter, critics like Buchanan are likely to continue poking holes in his commentary, especially considering Buffett's ability to willingly take on more of a tax burden if he so chooses.
Complaining about a low tax payment, as he does in his Times piece, is, again, valid. But, taking advantage of tax loopholes that enable that low rate may, indeed, deserve some scrutiny.