One of the first things the next Republican President should do is have the IRS audit the personal finances of both Warren Buffet and his secretary. I think there’s a better than even money chance that his story about how his effective personal income tax rate is less than hers is at least a mild deception if not total bullshit.
Buffet’s corporate arm, Berkshire Hathaway, is currently in the middle of a gigabuck level taxes in arrears dispute with the IRS. You know how that goes — An Obama-friendly soundbyte a day keeps the IRS away. Political protection Buffet probably loses on January 20, 2013.
UPDATE 9/23: Sounds like someone’s been reading my blog. Good shot.