Warren Buffett Didn’t Repudiate The Buffett Rule
It started with a storm of tweets. Investor Warren Buffett was being interviewed by New York Times writer Andrew Ross Sorkin on CNBC, and conservatives on Twitter were misrepresenting what Buffett was saying about the Buffett Rule, which is the Obama administration’s principle that “people making more than $1 million a year should not pay a smaller share of their income in taxes than middle-class families pay.”
Around the same time, The Hill published a story claiming Buffett “appeared to distance himself from” the Buffett Rule in an earlier interview on Bloomberg TV.
Conservative blogs followed through, putting up posts saying that Buffett would not “endorse” the Buffett Rule or even claiming that he “repudiates” it.
In fact, as Think Progress noted, Buffett said during the CNBC interview that he was happy to have his name associated with the rule: