NewburyportNews.com, Newburyport, MA

Opinion

April 6, 2013

On Beacon Hill, taxes and April fools

(Continued)

“The Oracle of Omaha will personally unveil a 3-foot-by-6-foot donation check at an afternoon press conference on the Treasury steps. According to a statement released in advance of the event, Buffett said, ‘my friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice. Today, I, Warren Buffett, am personally getting serious about shared sacrifice.’

“The White House praised Buffett’s action. ‘Let me be clear,’ said President Obama. ‘This puts to rest any GOP-driven allegations that Warren Buffett was a hypocrite on the tax issue or was just engaging in a bit of moral preening.’

“Because the federal tax code is already steeply progressive, the Buffett Rule, if enacted, would raise just $31 billion in tax revenue over the next decade, according to the Joint Tax Committee. To put that in context, that is less than one-tenth of one percent of federal spending over the next 10 years.”

Very funny; sarcasm remains my favorite kind of humor. You can hear ATR leader Grover Norquist on April 13 when he is the keynote speaker at the Greater Boston Tax Day Tea Party Rally from 1 to 3 p.m. on Boston Common.

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Barbara Anderson of Marblehead is a regular Salem News columnist.

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