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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State of the Union: Obama to double down on taxing the rich
The State of the Union will be an opportunity for President Obama to press his plan to tax the rich more, which could become a major issue in the 2012 campaign.
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Mitt Romney to release his taxes: beyond the obvious ($$), six things we can learn
Mitt Romney is releasing his 2010 tax returns and estimated 2011 taxes on Tuesday, providing information on his income, deductions, and how the wealthiest Americans navigate the system.
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Global News Blog Warren Buffett sings in the Chinese New Year (+ video)
State-run TV marked Chinese New Year with a video of US billionaire Warren Buffett singing and playing a ukulele.
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Unlocking the mystery of Romney's 15 percent tax rate. Yes, it's legal.
Mitt Romney can pay a tax rate of 15 percent because his income, from investment firm Bain Capital, is structured as capital gains in the form of 'carried interest.' Here's how it works.
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'Most admired' list: Gingrich up, Palin down; Obama, Clinton still No. 1
For two years running, President Obama is the man Americans most admire, and Secretary of State Hillary Clinton is again the most-admired woman, a new Gallup survey shows. But the public’s views of other politicians shifted noticeably in 2011.
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Wall Street is its own worst enemy
Capitalism depends on trust, but Wall Street has blanketed America in a miasma of cynicism
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Can the GOP be tough on the rich? How about no food stamps?
The White House on Thursday rejected as insubstantial a GOP proposal to curtail unemployment insurance and food stamps for the rich as an offset for extending the payroll tax cut.
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Buffett buys a newspaper. Time to invest in news?
Warren Buffett's $200 million deal to acquire the Omaha World-Herald is no investor's home run. But it does signal that well-run local newspapers have a profitable future.
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Which tax increases would hurt job growth the least?
The answer is easy: tax increases on the wealthiest households. This and other financial questions answered.
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Insider trading: Ex-Goldman board member arrested
Insider trading charges brought against former Goldman director Rajat Gupta. Charges stem from insider trading case that netted Raj Rajaratnam 11 years in prison.
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Why won't Mitt Romney make his tax returns public?
Rick Perry is calling for Mitt Romney to release his tax returns. Mitt Romney has never made his returns public. Why not?
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Rick Perry's flat tax plan: Would you have to do your taxes twice?
People could opt for flat tax rate of 20 percent or stick with the current tax system. The Rick Perry plan offers choice, but people might need to do two calculations to tell which is best, some say.
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9-9-9 plan would cut taxes for the rich, raise them for almost everyone else
Herman Cain's 9-9-9 tax sounds great: small numbers, nice symmetry. But under the plan, a typical household making more than $2.7 million would pay a smaller share of its income in federal taxes than one making less than $18,000.
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Tax the rich: Should millionaires really pay more?
The fight over raising levies on the wealthy, a theme of the 'Occupy Wall Street' protests, is about more than money. It's a clash over fundamental American values.
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Brazil’s lessons for indebted Europe
Some European nations' debt will have to be forgiven to resume growth. Those responsible for the financial turmoil must pay, rather than the poor. And Europe must unify its fiscal policy.
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Bank of America, other CEOs: Tax us more, if...
Bank of America CEO says wealthy Bank of America clients would support 'millionaire tax' if money used to put US fiscal house in order. Google chairman says higher taxes wouldn't crimp his spending.
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Stock market: worst quarter since 2008
Stock market ends on down note over renewed worries about Europe. The S&P 500 stock market index has lost 14.3 percent in the third quarter.
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Stock buybacks: a first for Buffett
Stock buybacks would occur when Berkshire Hathaway stock is within 110 percent of book value. If stock buybacks happen, they would be the first in Warren Buffett's 46 years heading Berkshire.
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Dow jumps 272 points
Stocks rallied Monday amid hopes for a fix to Europe's debt problems. The Dow went up 272 points to close at 11043, making up nearly a third of last week's losses.
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Arguing the Buffett rule
Invoked by Obama, the Buffett rule simply states that millionaires should have a higher tax rate than the middle class. Why is there any objection?
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Is this a good time for gold?
The economy is good for owning gold, but it doesn't seem like it because the dollar is going up.
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In Pictures: The world's richest people
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Why Obama and Warren Buffett are suddenly best pals
First, President Obama seized upon populist comments by multibillionaire investor Warren Buffett to make his tax-the-rich proposal more palatable. Now, Buffett says he will attend an Obama fundraiser. He's becoming the poster boy for Obama's plans.
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Forbes 400 fuels 'class warfare' fire: The rich, yes, are getting richer.
The annual Forbes 400 list of wealthiest Americans has landed amid heated rhetoric over 'class warfare.' Members saw their net worth ($1.53 trillion combined) rise 12 percent in the past year.
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$3 trillion in deficit reduction from Obama
$3 trillion in deficit cuts from Obama will be paid for with taxes on the wealthy. The $3 trillion plan is a longer-term follow up to the $447 million in tax cuts and public spending that the president announced as part of a short-term stimulus plan.
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