Warren Buffett has emerged as one of President Obama's most useful idiots. Consider, for example, Buffet's latest claim "that is is actually 'a myth' that America’s corporate taxes are high."
In fact, it's Buffett's claim that is the mythical one. Consider this graph based on OECD data:
As The Economist recently noted, even Obama's corporate tax plan were adopted, "America’s top rate would merely go from the OECD’s highest to its third-highest, once Japan enacts the cut it plans."
Every time he opens his mouth these days St Warren tarnishes his halo a bit more.
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