August 18, 2003

Buffett Supports Raising Taxes

The perfect way to be labled a RINO (Republican In Name Only) is to sign on to Warren Buffett's claim that California property taxes are too low. He said he only paid $2,264 on his California house, but over $14,000 on his Nebraska home. Nobody is stopping the Omaha billionaire from handing over more of his money to the California government. If he's so enamored with higher taxes he could start paying them immediately. He doesn't which means he wants others to be forced to pay more too.

Great investor, lousy defender of liberty.

"Buffett's Tax Criticism Draws Rebukes" [via Drudge]

UPDATE: Arnold reaffirms his support for Prop. 13.

"Arnold Speaks! (On Paper.)" [via PrestoPundit]

UPDATE II: Arnold's other economic advisor, George Schultz opposes any tax increases. Hey Arnold, I don't know a lot about running a campaign but my advise would be to let your spokesman speak and let your advisors advise. Let them disagree, but make sure they do it away from reporters.

"Renowned Economists Oppose California Tax Increases" [via PrestoPundit]