NEWS

Warren Buffet ‘Sucker Punches’ Donald Trump

Warren buffet was in a no hold barred mood when he appeared at Hillary Clinton’s campaign rally in Omaha, Neb.

The renowned business magnate, investor, and philanthropist launched a broadside against Republican Presidential Nominee Donald J. Trump.

He slammed Trump against the rope with an uppercut-hook by stating that he too is under tax audit and that would not stop him from releasing his taxes.

Photo Credit: Mark Hirschey - Warren Buffet.
Photo Credit: Mark Hirschey – Warren Buffet.

“I’ve got news for him,” Buffett said. “I’m under audit too. And I would be delighted to meet him anytime before the election. We’ll both bring our tax returns. There are no rules against showing our tax returns and we’ll just let people ask questions about the items that are on there.”

Buffett told the large audience Trump is not afraid of the IRS but of the people whom he is asking to repose their trust in him.

“He’s not afraid of the IRS, he’s afraid because of you,” said Buffet.

Trump has argued that he doesn’t need to release his tax returns because he has submitted a financial disclosure form with the Federal Election Commission, as required of all federal candidates.

“As someone who has filled out financial statements and an income tax return, these are two very different animals,” Buffett said. “You will learn a whole lot more if he produces his income tax return,” he added.

Furthermore, as Buffet floored Trump on his tax position, he also jabbed him by arguing that Trump’s public company launched in 1995, was not a success for the people who invested in it but was a huge success for Trump.

“That was the only time Donald Trump went to the American people and said, ‘I’m a winner, invest in my company. … Over the next 10 years, the company loses money every year, every single year. He takes $44 million in compensation. If a monkey had thrown a dart at the stock page it would have made 150%. People who believe in [Trump] came away losing well over 90 cents on the dollar. They got back less than a dime,” Buffet posited.

Just when one thought it was all over, Buffet delivered the knockout punch by stating that the Trump’s family has made no sacrifice.

Trump had earlier criticized Khizr Khan, who spoke at the Democratic National Convention and made the point that Trump has sacrificed nothing. Khan’s son Humayun Khan, an Army officer was killed in Iraq.

Trump responded in an ABC interview by stating, “I’ve made a lot of sacrifices. I work very, very hard. I’ve created thousands and thousands of jobs, tens of thousands of jobs, built great structures. I’ve had tremendous success.”

However, Buffet took exception to Trump’s position and stated as a matter of fact, “No member of the Buffett family has gone to Iraq or Afghanistan,” he said. “No member of the Trump family has gone to Iraq or Afghanistan. We’ve both done extremely well. Our families haven’t sacrificed anything, Donald Trump hasn’t sacrificed anything.”

Buffett made the point that that Trump’s utterance of the sacrifice he made reminded him of the McCarthy hearings on the communist infiltration of the U.S. government in the 1950s, and of a witness who finally struck back at one of McCarthy’s slanderous statements against an innocent man by saying to the senator, “Have you no sense of decency, sir?”

Buffett’s stinger and stunning blow, “And I ask Donald Trump, have you no sense of decency, sir?”

Yvad Billings, Readers Bureau, Fellow

Edited by Jesus Chan

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