Billionaire Warren Buffett took a few sly shots at Donald Trump while campaigning for Hillary Clinton in Omaha on Wednesday.
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The former USA secretary of state lent her support to the proposed rule named after the billionaire investor that would impose a 30 per cent federal tax rate on people earning more than $1 million a year.
Clinton assailed her Republican rivals shortly before the party’s latest presidential debate, telling an audience at the University of Minnesota that another ground war similar to the conflicts in Iraq and Afghanistan would play into the hands of the Islamic State group and fail to keep the US safe.
“I want to go even further”, Clinton said.
A Clinton aide said she would announce more details in the new year.
President Barack Obama has included the rule in his 2016 budget proposal, though Republicans have said no since it was first proposed five years ago.
“Campaigning with the third richest person on the planet is an odd way to communicate that she understands and cares about the needs of millions of Americans still struggling in the weak Obama economy”, he said.
“I used to love Abbott and Costello”, he said.
“If you’re working full time in America and making $7.25 an hour, you’re never going to get ahead”, she said in calling for a boost in the minimum wage.
According to The Hollywood Reporter, Clinton will also participate in a family-focused event at the Jim Henson Company in Hollywood with $500 general admission tickets. “It’s raising taxes on the wealthy, it’s closing loopholes, it’s doing what I believe we should do so that when I tell you ‘here’s my plan, ‘ I will tell you how I want to pay for it. So I’m going to tell you what I will do and I will tell you how I will pay for it. And you should ask that of everybody”.
Clinton’s appearance with Buffett, who also attended a fundraiser for the candidate on Wednesday, comes less than two months before the first votes of the election will be cast next door in Iowa. She often makes an effort to appear normal, using humor in her campaign materials and appearing with celebrities like Abbi Jacobson and Ilana Glazer of “Broad City” and Lena Dunham.
Democrats say Buffett carries a rare dual appeal on Wall Street and Main Street. The investment guru’s annual shareholder meeting is dubbed “Woodstock for Capitalists” and drew an overflow crowd of more than 40,000 people from around the globe in the spring.
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A young girl in a red dress clapped in synchronization with her mother – both were sitting behind Clinton as she spoke. “He’s liked by lots of different kinds of people”.
