Buffett Offers Matching Contributions to U.S. Treasury

By Mark Hirschey (Work of Mark Hirschey) [CC-BY-SA-2.0 (www.creativecommons.org/licenses/by-sa/2.0)], via Wikimedia CommonsWarren Buffett, CEO of Berkshire Hathaway, parent company to Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers, has offered to donate some money to the federal government. More precisely, he told Time Magazine recently he would match contributions made by Congressional Republicans and triple any made by Senate Majority Leader Mitch McConnell. McConnell suggested recently that if Buffett, a proponent of increasing tax rates on the wealthiest Americans, is “feeling guilty” about his tax rate he should “send in a check” to the Treasury. Time Magazine places McConnell’s net worth at about $10 million. In the Time article Buffett also discusses his views on housing saying recovery will be fairly soon. He expects over a 20 year period, housing starts will average a million a year. “The population is built in,” he says. “You can’t undo the number off 22 year olds, 23 year olds.”

(Image Credit: Wikimedia Commons)

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