McConnell: If Buffett Feels Guilty About His Taxes ‘He Should Send in a Check’
Senate Minority Leader Mitch McConnell (R-Ky.) doesn't think the President's new “Buffett Rule” to create a higher tax rate for millionaires makes sense. Speaking on Sunday's “Meet the Press,” McConnell said, “With regard to his tax rate, if [Warren Buffett's] feeling guilty about it, I think he should send in a check” (video follows with transcript and commentary): DAVID GREGORY, HOST: What’s unfair though about making richer Americans pay the same tax rates as middle income Americans? SENATOR MITCH MCCONNELL (R-KENTUCKY): Well, look, you know, if Warren Buffett would like to give up some of his benefits, we’d be happy to talk about it. I mean, I think that means testing benefits is one of the ways that we’re going to have to solve at least the Social Security and Medicare problems long-term for the next generations. With regard to his tax rate, if he’s feeling guilty about it, I think he should send in a check.
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on September 18, 2011. Filed under