Pay up Warren Buffett

Warren Edward Buffett was born in August 1930 is an American investor, industrialist and philanthropist. The liberal blogosphere celebrated super-rich Warren Buffett call for higher taxes on its workers, while conservatives Online asked him to put his money where his mouth is.

"Every Democratic whip in the race for federal elections should be your Sharpie and write the obvious," wrote the juice mastermix ball billionaire New York Times op-ed calling for higher tax rates for the rich .

"those over $ 1 million - there were 236,883 such households in 2009 -. I just want to raise rates on taxable income over $ 1,000,000, including, of course, dividends and gains capital, and those for 10 000 to $ 000 or more - there were 8274 in 2009 - I suggest a further increase in rates, "wrote Buffett to say the rich do not need to be protected in the process of disappearance "spotted owl" "My friends and I have. coddled long enough for a billionaire-friendly Congress. It is time for our government to take seriously shared sacrifice."

Left bloggers have asked President Barack Obama and the Democrats in Congress are trying to implement such a plan.

"It's a question that the president can be easily," said Big Tent Democrat at Talk Left. "He could, of course, made in December last year, but it's not too late."

Others on the left glumly conceded the likelihood that the Republicans for such action is appropriate to 0.

"With each semi-metric, it would be a good compromise between Democrats and Republicans are," said Jed Lewison at the Daily Kos. "But it did not happen when the Democrats and I'm not just talking about Obama, but Democrats in Congress on tax before 2010 election stop pampering the GOP apart."

With the right leaning bloggers, from now on regular calls Buffett for higher taxes for the rich, not accustomed to proposals that include the timid as to the federal treasury to Omahan.

"If it is really like to pay taxes at that rate, it's probably because it claims takes a lot of tax breaks and shelters that legal under the laws of the United States," wrote Greg rhyme with Right. "He did not use -. He has not shown any deductions that are legally authorized to take, he does, he pays less by choice. "

The blogger was one of several conservatives - like Pat Buchanan on "Morning Joe" MSNBC - ". Donations to reduce the public debt" to suggest that Buffett, the advantages of the Treasury Department for people who want to

Brian O'Connor wrote to report that Red Dog Buffett op-ed is simply a ploy to get a tax increase on the middle class.

"Warren Buffett is known to provide a framework for the best available accounting," he writes. "They will ensure that the least tax possible, whatever the tax rate is paid. Everyone knows that if the increase in taxes for the rich not to our economic crisis (which they do not) to solve the door open to a tax increase on large middle class in America. "

Tim Worstall and Forbes, wrote Buffett analysis does not explain the entire tax history.

"What he says, with the skills he uses is true as far as it goes. But it is very misleading because the effect of the company after his departure."