Thursday, May 31, 2012

The Buffet Tax

The Buffet Tax has had quite the media play for Warren Buffet.  Buffet inserted himself in the national political landscape with his tax idea.  Where was he when President George W. Bush had the idea about putting 1.5 percent of each individuals' social security into the stock market?  The 1.5 percent would not be risky for the individual social security investment and it would show a belief in America.  The 1.5 percent also would be a great boost in our social security payoff especially for the young people at 18 working an thus investing every week into their stock portfolio.  Buffet got rich through investing in the stock market.  So, the new Buffet Rule is to tax the rich but make sure that the average person does not get richer.  Mr. Buffet, give me a call I want to give you some advice.