Friday, September 23, 2011

John Cornyn, idiot GOP senator from Texas, wants Warren Buffett to release his tax returns

Sen. Cornyn at Ft. Bliss
His reason: “I know that Mr. Buffett’s not likely to release his tax records, but I’ll bet what it’ll show you is that most of what he earns is from capital gains, which is taxed at a 15 percent tax rate rather than deriving it as income [for] which he’d pay a much higher tax rate.”

Well, duh, moron. That capital gains taxes are too low is exactly Buffett's point. And, not incidentally, the Oracle of Omaha DID show his tax return to talk show host Charlie Rose — last month.

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