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Dheeraj Grover
Dheeraj Grover
Articles (493) 

Whitney Tilson: Defending the 'Buffett Rule'

April 12, 2012 | About:

Well-known value investor Whitney Tilson was on CNBC to share his views and thoughts on the Buffett Tax Rule.

He supports the Buffett tax and also brought in his administrative assistant to underscore the point that the rich pay very little tax compared to the average working person.

He agreed that the solution will be twofold, including spending cuts along with the increase in revenues.

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.0/5 (10 votes)

Comments

Dino25
Dino25 - 8 years ago    Report SPAM
Whitney Tilson

I just lost all respect for you. Shame on you! Dud Unlce Warren arrange this appearance for you?

We are running 1.3T deficits and the President is spending 100% of his time proposing a 2B solution. Please tell me that you and he have more to offer as a solution than pixie dust that addresses 1/650th of the problem.

I hope you and your secretary enjoyed your free coffee and danish at the White House today. Now, go home and shower up. Because you should feel cheap.

The Science of Hitting
The Science of Hitting - 8 years ago    Report SPAM
Dino,

What did he say that made you lose respect for him?

Your argument that the solution proposed would be small avoids the actual issue at hand; it will take many things to address the fiscal concerns you raised - and steps in the right direction are more constructive than marching ahead, blindly hoping for a quick fix...
paulwitt
Paulwitt - 8 years ago    Report SPAM
Idea: stop reading annual reports and read the "Affordable Health Care Act" instead. It can be downloaded you know.....

Below is information copied from NPR.org related to the Supreme Court review of the Health Care bill:


Here, then, are our top five Scalia moments from Wednesday morning's arguments:

Supreme Torture: On Kneedler's suggestion that justices pick parts of the bill that could survive, Scalia invoked the Eighth Amendment the one prohibiting cruel and unusual punishment.



Scalia: Mr. Kneedler, what happened to the Eighth Amendment? You really want us to go through these 2,700 pages? (Laughter.) And do you really expect the court to do that? Or do you expect us to give this function to our law clerks? Is this not totally unrealistic? That we are going to go through this enormous bill item by item and decide each one?
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