Tags: | | christie | buffett | taxes | millionaire

Christie: Buffett Should 'Write a Check and Shut Up'

Wednesday, 22 Feb 2012 03:52 PM

New Jersey Governor Chris Christie said billionaire investor Warren Buffett, who called for the nation's wealthiest people to pay more taxes, should "just write a check and shut up."

"I'm tired of hearing about it," Christie told CNN's Piers Morgan in an interview that aired last night. "If he wants to give the government more money, he's got the ability to write a check. Go ahead and write it."

Christie, a 49-year-old first-term Republican known for a blunt and caustic style, has proposed a 10 percent income-tax cut for every New Jersey resident. Democrats who control the Legislature say his plan would favor the rich. A family with a $50,000 annual income would pay $80 less under his plan, while someone earning $1 million would save $7,200, Democrats say.

Democrats "want you to be angry because your neighbor makes more than you do," Christie said today at a town-hall meeting in Palisades Park. "That's not the New Jersey I know, and it's not the America that I know."

Buffett, the 81-year-old chairman of Berkshire Hathaway Inc., has urged Congress to raise taxes on millionaires to cut the U.S. deficit. In a New York Times op-ed last year, Buffett wrote that his federal income-tax bill was $6.94 million, or 17.4 percent of his taxable income -- a lower rate than any of the other 20 employees in his Omaha, Nebraska, office.


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2012-52-22
Wednesday, 22 Feb 2012 03:52 PM
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