Warren Buffett’s Secretary to Sit with First Lady at State of the Union Speech
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**Written by Doug Powers
In spite of the fact that even Warren Buffett is unsure what the “Buffett Rule” is, President Obama, fully aware that the US tax code is in dire need of more ambiguity, will push for it in his State of the Union speech tonight. Just to hammer home the point, Buffett’s Executive Assistant (the word “secretary” sounds incredibly non-progressive) will sit with First Lady tonight:
Billionaire Warren Buffett’s longtime secretary will be joining first lady Michelle Obama in her box at tonight’s State of the Union, White House communications director Dan Pfeiffer announced on Twitter.
Debbie Bosanek, who has worked for Buffett for nearly two decades, has become a symbol in the White House’s fight over the tax code and economic fairness. Obama is expected to renew his push for the so-called “Buffett rule” that would bring investment taxation levels into line with income taxation levels — and ensure that upper income earners pay rates as high as middle-class Americans.
In his Republican Response, maybe Mitch Daniels can use this as an opportunity to point out the need to lower the tax burden on folks like Ms. Bosanek — as well as talk about how one of her boss’s companies stands to benefit from Obama’s Keystone Pipeline rejection.
Rumor is that after the SOTU Buffett may generously offer to lower his secretary’s salary so as to drop her down into a tax bracket that more closely resembles the percentage he pays on his capital gains and dividends income, but if that happens she’ll probably decline.
(h/t Weasel Zippers)
**Written by Doug Powers
Twitter @ThePowersThatBe
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