âI don't make the tax laws,â we paraphrase a conversation we had with Warren when filming an interview for our documentary I.O.U.S.A. âCongress does that. If you want me to pay more taxes, Congress has to change the tax law. Don't give me so many loopholes.â
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â May 22, 2023  |  [View Online]( |  [Sign Up]( Iâm Warren Buffettâs Secretary âI don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.â â Warren Buffett Debbie Bosanek is her name. She debuted on the world stage during President Obamaâs third State of the Union address in 2012 as Warren Buffetâs secretary. âRight now,â Obama scolded Congress, âbecause of loopholes and shelters in the tax code, a quarter of all millionaires pay lower tax rates than millions of middle-class households.â He noted Debbie as a scapegoat. At the time Bosanek paid a tax rate of 35.8 percent of income, while Buffett paid 17.4 percent. Obama, conveniently, left out his own tax rate. POWERED BY THUNDERCLAP RESEARCH Gold Stocks Are Back! Analysts are screaming from the rooftops as the market is warming up to become one of the most exciting money-making opportunities of our lifetimes. We just unveiled our top 5 publicly traded gold companies. Some picks have extremely safe risk profiles while others are still dirt-cheap lotto tickets that can easily 10x from here. Nevertheless, we believe this portfolio underpins all of the life-changing gold opportunities ahead. This is your chance to amass something 99% of investors don't have â a true gold portfolio. [Click here to get our top picks- absolutely free.]( CONTINUED... Buffettâs rate became a hot topic in the early 2000sâor âthe aughtsâ as we like to say looking over the top of our glasses. Nearly a decade has passed and the fact has maintained its rhetorical quality, becoming a meme and facet of popular culture. It has only been exacerbated by the perennial debt ceiling debate. âThe question is what is fair when you have to raise multi-trillions to fund the United States of America,â said Buffett in an interview with the American Broadcasting Company in 2011. Thatâs what taxes are for, in theory. Instead, they get grifted out â tools for war and decimation are sent to the Donbas region, Saudi sheiks are entertained with belly-dancers in Dubaiâs palm islands, French social politics gets discussed over three martini lunches on Place de la Concorde. Is there an ethical way to prop up the American way of life, of richesse and whim, of the long arm of the global gendarme⦠without royally screwing the pooch for the middle class?  The tax code has changed since Obamaâs last State of the Union. Regardless, one thing remains the same: The American tax code favors the wealthy. According to the Motley Fool, there are 5.3 million millionaires and 770 billionaires living in the United States. Millionaires make up about 2% of the U.S. adult population. Thereâs a staggering amount of wealth among high-net-worth individuals: itâs home to $65.4 trillion in private wealthâby far the largest wealth market in the world. POWERED BY RESOURCE STOCK DIGEST #1 Stock in Green-Energy Space Investors are cashing in on the green-energy revolution in 2023 as the world seeks to attain net-zero! And they're doing so by investing in select small-cap mineral exploration companies that are set to be the NEXT suppliers of the green-energy sources the world needs most in the clean-energy transition. We've done our research⦠and we've found an under-the-radar mining stock â currently trading below US $0.20 per share â that just confirmed MULTIPLE salt dome anomalies on its properties. [It's all in the FREE report you can get here.]( CONTINUED... Everyday Americans are taking the brunt: the left jab of inflation, the right hook of rising interest rates and the upper cut of higher tax rates. Itâs not as simple as how much debt you have, as hikes take even regional banks by surprise. The real champ throwing his weight around the ring is how much debt you have to service. Quality over quantity, maybe. (Source: PGPF.org) The national government, too, is getting pummeled. When rates go up, debt service becomes a larger and larger chunk of the overall budget. Hence the headlong careen towards the debt ceiling⦠the threat of default⦠a rabid news cycle.  For most people, fretting over higher taxes and a ceasefire on the Hill is a waste of time since there is little they can do about it. The wealthiest have the most to gain. âRaising taxes will not change my behavior,â Buffett states in his typical sober simplicity. âI have paid all different kinds of rates and Iâve always been interested in making money. I believe this should be a defining issue. Debbie works just as hard as I do and she pays twice the rate I do.â âI don't make the tax laws,â we paraphrase a conversation we had with Warren when filming an interview for our documentary I.O.U.S.A. âCongress does that. If you want me to pay more taxes, Congress has to change the tax law. Don't give me so many loopholes.â âI just feel like an average citizen. I represent the average citizen who needs a voice,â adds Bosanek, sitting beside her boss. âEverybody in our office is paying a higher tax rate than Warren.â Thata meme has flitted past our laptop screen more than once. âIâm Warren Buffetâs secretaryââsomeone steps forward. âNo, Iâm Warren Buffetâs secretary.â Maybe weâre all Warren Buffetâs secretary. So it goes, Addison Wiggin
The Wiggin Sessions P.S. The former head of the Government Accountability Office (GAO), David Walker was our protagonist for I.O.U.S.A. We followed him around the country, to two political conventions, with a film crew, as he headlined what was then known as the Fiscal Wake Up Tour â sponsored by the above-mentioned Peter G. Peterson. The film was accepted into the Sundance Film Festival, shortlisted for an Academy Award and received an honorable mention at the Critics Choice Movie Awards. We received a glowing endorsement from the famed movie critic Roger Ebert. All the popular attention prompted David Walker to resign the Government Accountability Office â yes, Iâm aware it's an oxymoron â to become the founding president of the newly minted Peter G. Peterson foundation. The one condition Mr. Peterson had: he wanted to buy the film from me. I was in over my head financially on making the film so I took the offer. It ended up being a bad move. After they bought the film they hired the producer of the âRock the Voteâ campaigns for MTV. Who then proceeded to turn my âwarningâ of a debt crisis at the end of the film into a Rock the Vote montage. Rock the Vote! As if voting has ever done anything to get spending under control. Oy.  "A democracy cannot exist as a permanent form of government,â quoth the Scottish historian Alexander Fraser Tytler, Lord Woodhouselee in the early 1800s, âit can only exist until the majority discovers it can vote itself largesse out of the public treasury.â Hereâs the kicker. Peter G. Peterson punted a billion dollars of his own money into the new ânon-profitâ foundation. From the 57th floor boardroom of a glass and steel behemoth overlooking Central Park in New York, I witnessed first-hand how billionaires hide their money and pay fewer taxes than I do.  P.P.S. [My book]( is still working its way through the NewâOld news pipeline at Barnes n Noble and on Amazon. Maybe I should set up my own ânon-profitâ with the proceeds. Oh, wait⦠they ainât gonna amount to no billion dollahs. POWERED BY PARADIGM DIRECT [Inside] Access Link For Charles Payne Event What is the best thing you can do when the markets keep dropping? Well⦠this is what renowned analyst and FOX host, Charles Payne, wants you to know. His team is revealing it all during an upcoming Free Live Event Wednesday @ 7:00 PM EST. Charles Payne's team has put together a training event that will help you navigate 2023 with more confidence than ever. [Click here to register now](. The Daily Missive from The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to The Wiggn Sessions delivering daily email issues and advertisements. To end your The Daily Missive from The Wiggin Sessions e-mail subscription and associated external offers sent from The Daily Missive from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at feedback@wigginsessions.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2023 The Wiggin Sessions 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Sent to: {EMAIL} [Unsubscribe]( Consillience, LLC, Saint Paul Street, 808, Baltimore, Maryland 21202, United States