We all know who Warren Buffett is (he's only the third richest man in the world) and we all know about his constant push for heavier taxes on the wealthy. The Buffett Rule, proposed by the Obama Administration last year, is a tax law that is meant to raise taxes for millionaires. For those who need a quick and simple primer, here's a rundown of the issue. Why call it the Buffett Rule? Last Read more

In an op-ed piece in The New York Times today, billionaire philanthropist Warren Buffett eloquently advocated his belief that the superwealthy should be taxed more and that the government should quit "coddling" them. Here's an excerpt: Our leaders have asked for "shared sacrifice." But when they did the asking, they spared me. I checked with my megarich friends to learn what pain they were Read more

Wow, I knew money could get you far, but who knew it would be able to snag you a highly coveted guest star spot on the hit TV show The Office? Warren Buffett is set to appear in the season finale of The Office. He's not the only big name who will be featured in that episode, but certainly the most surprising one. Buffett is just one of the many guest actors who are competing for Michael's job as Read more

It seems that even though Warren Buffett's company invests in American Express, he's not afraid to hide his disdain of credit cards. Here's what he told CNBC: "I tell every student class I get, high school students, university students, you know, they'd be better off if they never used credit cards now. Now if you use them and you pay at the end of the month so you don't start revolving, that's Read more

You would think Peter Buffett, 52, would be upset over not inheriting his father's billions (Warren Buffett pledged to give most of his fortune away to charity), but Peter actually views it as a positive move. He believes that because he knows there is no billion-dollar inheritance waiting for him, it has actually driven him to make something of himself — a musician with an Emmy on his belt who Read more

The richest man in America, Warren Buffett, wrote a pro-bailout editorial in The New York Times called Pretty Good for Government Work, and everyone's talking about it. Aside from the piece, in which he says the bailouts saved the economy and not just the big businesses like General Motors, Buffett also said something on CNBC today that incurred a flurry of discussion in the media. The Read more