Warren Buffett has a message for Rupert Murdoch and the Wall Street Journal: Sure, I’ll release my tax returns, if you do too.
Last week, the Wall Street Journal published an editorial that asked Buffett to disclose his tax returns. The piece, “Mr. Buffett’s Tax Secrets,” took issue with Buffett’s plan to hike taxes on some of the super-rich.
The Journal’s conservative editorial board doesn’t think that’s a great idea, saying that Buffett should instead “educate the public” by letting “everyone else in on his secrets of tax avoidance by releasing his tax returns.”
Asked about the editorial on Tuesday at Fortune’s Most Powerful Women Summit, Buffett said he was willing to release his tax returns, on one condition:
“I think it might be a terrific idea if they would just ask their boss, Rupert Murdoch, and he and I will meet at Fortune, and we’ll both give you our tax returns and you can publish them,” Buffett said.
“I’m ready tomorrow morning,” he added.
Representatives from News Corp., the parent company of the Wall Street Journal, did not immediately respond to requests for comment."