Hillary Clinton on Wednesday picked up the endorsement of the billionaire investor Warren Buffett, who gave his backing to her while calling for increased taxes on the country’s highest wage earners.
Warren Buffet, aka the Wizard of Omaha, aka the Oracle of Omaha, sits in the enviable position of one of the wealthiest people in America AND one of the most reasonable and progressive wealthy people in America. He has been one of the very few voices from the 1% of the 1% who have decried the enormous leap in income inequality in the country.
He is also the man behind “the Buffett Rule,” which says that no household making over $1 million annually should pay a smaller share of their income in taxes than middle-class families pay
According to this morning’s New York Times Buffett, who was courted by both Obama and Clinton in 2008 but refused to endorse either, is now telling us his strong preference for the Presidency. It’s Sec/Sen Hillary Rodham Clinton.
He endorsed her
because she “will make sure that those people who are having to work two jobs to barely get by will not have that kind of world for themselves and their children moving forward.”
At the event aides to Clinton also signaled that she would
call for an additional tax increase on Americans who earn more than $250,000 a year.
The Oracle has spoken.