Topic: Warren Buffett
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If not 'sequester,' then what? Five ideas from left and right.
Few in Washington believe that "the sequester,” $85 billion in automatic spending cuts set to hit the federal budget as of March 1, is a good idea. But what's the alternative? Here are five proposals, from the right, the center, and the left, to replace the sequester. Which do you like?
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Six points where Mitt Romney and his economic advisers are mostly wrong
Mitt Romney’s economic plan is largely based on a whitepaper written by several “heavyweight” economists. The problem is, it's riddled with fundamental flaws. Here are six points where Mitt Romney and his economic advisers are mostly wrong about what ails the American economy and how to fix it.
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National Spelling Bee: 10 winning business words
In the National Spelling Bee’s 85-year existence, a wide range of words have crowned the winners – from science words like ‘crustaceology,’ to musical terms such as ‘soubrette,’ and ‘appoggiatura.’ The list of winning words also includes several that could slide right into the pages of this newspaper’s business section. In honor of the 2012 Scripps National Spelling Bee, here are 10 business words from past years that have determined the champion. Will this year’s winning word make the list?
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Briefing
Buffett rule: Five questions about Obama's plan answered
President Obama wants a proposed "Buffett rule" to make sure that millionaires pay at least a 30 percent federal tax rate. Here are five facts that shed light on the Buffett rule and the debate surrounding it.
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The Masters: 12 women candidates for Augusta National membership
The Augusta National Golf Club has steadfastly refused to alter its all-male membership. But circumstances may soon cause the gender barrier to break, and if it does there are several women who might be good fits for the club.
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Everything you need to know about Obama's $3 trillion debt plan
The Buffet rule, "class warfare," and the key role of taxes in the $3 trillion debt plan
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'Buffett tax' is not class warfare, 'it's math,' Obama says
'Buffett tax': $3 trillion in deficit savings must come, at least in part, from raising taxes on the rich, President Obama said Monday. He ripped the GOP for calling his proposal 'class warfare.'
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Obama pushes 'Buffett Rule' to tax the wealthy. GOP cries 'class warfare!'
To reduce the deficit and create jobs, President Obama wants a "Buffett Rule" to make the super wealthy pay taxes at a rate more like average Americans. Republicans call that "class warfare."
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The Republican weapon of mass cynicism
77 percent of Americans mistrust the government. But a lack of faith is bad for all of us.
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Stock prices tumbling? Four ways to control your risk.
If the wild plunges and rebounds in stock prices have made a yo-yo of your portfolio, welcome to a very big club. The gyrations in stock markets worldwide have forced investors everywhere to confront an uncomfortable reality: Short of stuffing your money in a bank or under your mattress, you have to cope with volatility and risk. Fortunately, there are ways to tame risk – even turn it to your advantage. Here are four steps that you can take to begin to reduce the risk of falling stock prices for your long-term portfolio:
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Why investors pay less taxes than the rest of us
Long-term capital gains are taxed at much lower rates than other income, which means wealthy investors like Warren Buffet tend to pay less
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Don't worry, rich people will keep making money despite higher taxes
Conservatives argue that a tax raise for the rich will discourage them from creating more wealth for everyone else. Here's why they're wrong.
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Not all tax breaks are created equal
The meanings behind three popular types of tax subsidies, and who benefits the most from each.
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Stocks soar on relief over hurricane
Standard & Poor's index recovers all its losses since stocks hit their 2011 low. Dow stocks within reach of break-even for the year.
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Stocks sink; Banks rise on BofA deal
The Dow lost 171 points, the S&P 500 closed down 18, and the Nasdaq fell 48, ending a three-day streak of gains
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Who are Forbes' 10 most powerful women?
Every year, Forbes releases a list of the world’s most powerful woman, influential in everything from politics to technology to culture. The list includes obvious choices, such as US Secretary of State Hillary Clinton, but also includes unexpected choices, such as Lady Gaga (No. 11 this year). Here are the 10 most powerful women: (See full list here)
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Gold prices will sink, but just enough to shake off its skeptics
Gold prices are up 33 percent this year, and it may be worth more than $2,000 by the end of the year. But gold prices will likely fall, at least for a little while.
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Bank of America stock surges on Buffett buy
Bank of America stock has been snapped up by Warren Buffett. News of his $5 billion investment sent Bank of America stock soaring.
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Obama's three-day jobs tour: Did he connect with rural America?
Obama’s three-day bus tour of the Midwest wrapped up in front of mostly friendly audiences in small rural Illinois communities. The president talked of jobs, political pledges, and county fairs.
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Warren Buffett right about taxes, says Obama
Warren Buffett said publicly that the super-rich are being 'coddled' by the US tax code. The president says he agrees with Warren Buffett.
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Warren Buffett to Congress: Tax me more than $7 million(VIDEO)
Warren Buffett says he pays less in federal taxes than lesser paid Americans. Where do Warren Buffett's numbers come from?
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Dow skids 600, worst day since credit crisis
The Dow closed down 634 points, the S&P 500 lost 79 points, and the Nasdaq ended 174 points lower. For every stock that rose at the New York Stock Exchange, more than 69 fell.
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Our lost decade
America hasn't fared well in the last 10 years, and unless some changes are made, prosperity still won't be in the cards for America any time soon
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Banks bulldoze houses, despite millions being homeless
Bank of America and others plan to raze repossessed, vacant homes in some cities. Is demolition really an ethical solution?
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Opinion: Why US should not pay Warren Buffett's Social Security and Medicare
Means testing is the missing element in ongoing debt talks. Reducing Social Security and Medicare benefits for higher-income retirees would enable the US to continue funding these programs. Politicians must have a discussion on where to draw the line.
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Retirement contributions: When should they delay debt repayment?
Retirement contributions, especially if your employer is matching them, can be tempting to make. But how can you decide whether saving for retirement should take priority over paying off loans?
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Opinion: US businesses don’t succeed in spite of government. They succeed because of it.
Big business complains about corporate tax rates. But corporate taxes fund the infrastructure that the private sector depends on. Try starting a business without it.
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The price of gold: as influential as a global power
The record price of gold and the universal obsession with the sparkling metal make it a parallel global power.
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Warren Buffett gives $1.5B in stock to Gates Foundation
Warren Buffett donated 19.34 million Class B shares of Berkshire Hathaway stock. Warren Buffett plans to transfer the majority of his wealth to the Bill & Melinda Gates Foundation, and this gift represents the fifth installment.
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Justin Bieber, Kim Kardashian among those who sign the 'Hollywood Pledge'
Hollywood stars like Justin Bieber and Kim Kardashian are hoping to cash in on their fame and 'social capital' and draw attention to charities by making the 'Hollywood Pledge.'
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