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Posted at 09:13 AM ET, 08/19/2011

Jon Stewart attacks Fox News ‘class warfare’ (Video)

Warren Buffett (Nati Harnik/AP)

After Warren Buffett’s New York Times Op-ed called for a tax on the mega-rich, the news cycle kicked into overdrive, with one cable news channel noticeably distressed with the article.

Fox News declared it class warfare and one broadcaster asked if Buffett, the chairman of Berkshire Hathaway, and of the richest men on the planet, was a socialist.

Jon Stewart strung together Fox News complaints and decided that the talking heads on the show felt the $700 billion raised by increasing the tax on the top 2 percent of the U.S. would be a negligible amount of money. That $700 billion just happens to be about half of everything the bottom 50 percent of the country owns.

Stewart offers up a solution: Just take everything the bottom 50 percent of the country owns.

By  |  09:13 AM ET, 08/19/2011

Tags:  Daily Catch

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