Qtec
05-04-2004, 08:09 AM
Tycoon aids Kerry White House bid
By Stephen Evans
BBC's North America correspondent in Omaha
Investor Warren Buffett, the world's second richest man, is to help Senator John Kerry's campaign to remove President Bush from the White House.
Mr Buffett, worth some $40bn, said he disagreed profoundly with Mr Bush's tax cuts for rich people like him.
"He (Bush) just has a different political philosophy than I do" Mr Buffett told the BBC.
Mr Buffett is pragmatic and endorses individuals and policies rather than parties.
"The sage of Omaha", as Mr Buffett is sometimes known, advised Arnold Schwarzenegger when he won in California as a republican.
Not 'a good idea'
"In tax, policies have been tilted very much towards the rich, <font color="blue"> eg8r, this isnt what you told me. </font color> and I think that when the tax cuts took place they should have been far more for the middle class and people in poor economic status," Mr Buffett said.
"Instead, I got... more money in my pocket because of the tax change and I don't think it's a good idea," he added.
I like Warren. /ccboard/images/graemlins/grin.gif
Q
By Stephen Evans
BBC's North America correspondent in Omaha
Investor Warren Buffett, the world's second richest man, is to help Senator John Kerry's campaign to remove President Bush from the White House.
Mr Buffett, worth some $40bn, said he disagreed profoundly with Mr Bush's tax cuts for rich people like him.
"He (Bush) just has a different political philosophy than I do" Mr Buffett told the BBC.
Mr Buffett is pragmatic and endorses individuals and policies rather than parties.
"The sage of Omaha", as Mr Buffett is sometimes known, advised Arnold Schwarzenegger when he won in California as a republican.
Not 'a good idea'
"In tax, policies have been tilted very much towards the rich, <font color="blue"> eg8r, this isnt what you told me. </font color> and I think that when the tax cuts took place they should have been far more for the middle class and people in poor economic status," Mr Buffett said.
"Instead, I got... more money in my pocket because of the tax change and I don't think it's a good idea," he added.
I like Warren. /ccboard/images/graemlins/grin.gif
Q