Warren Buffett Won’t Write a Check
Last week, New Jersey Governor Chris Christie told CNN that he was tired of hearing about Warren Buffett not paying enough taxes:
“He should just write a check and shut up. Really, and just contribute. The fact of the matter is that I’m tired of hearing about it. If he wants to give the government more money, he’s got the ability to write a check — go ahead and write it.”
Gov. Christie is of course referring to the spot on your tax forms and that amazing website – www.pay.gov – where you can voluntarily give more of your money to the government. Instead of leading by example and doing this, Warren Buffett would rather the government tell him to do it – by way of higher taxes.
Warren Buffett, of course, had a response for the Governor:
“It’s sort of a touching response to a $1.2 trillion deficit, isn’t it? That somehow the American people will all send in checks and take care of it?”
Well, first off, the deficit isn’t $1.2 trillion, it’s $1.3 trillion. But even still, isn’t Mr. Buffett’s whole point of raising taxes to close the deficit meant to show that there are some millionaires and billionaires who would like to give more to the government? He doesn’t need the government to authorize him to pay more when he can very easily do so all on his own. The real question is why should others be forced to give money to a government that wastes billions every year?
If there are so many wealthy Americans who want to give the government more, why can’t they just do that? Why are they waiting for the government to make them if it’s something they are supposedly willing to do on their own?
Considering that President Obama and Democrats in Congress have proposed tax hikes to exceed $1.2 trillion, wouldn’t that result in Americans sending in checks to take care of the deficit?