Warren Buffett p***ing all over the “Buffett Rule” on CNBC.
Late Update: Scratch that. Initial reports way overstated what Buffett said. We’ll have a complete report shortly.
Later Update: Rewatching the video, it’s kind of unbelievable how much Buffett’s comments were overplayed. He still likes his own proposal, he’s fine with the White House attaching his name to its proposal (they called in advance and he agreed), he might quibble with some of the details, including what the minimum income cutoff should be, but he’s reserving judgment on that until he sees the entire proposal. Video soon …
Last Update: Our report here.
