Warren Buffett to Rupert Murdoch: I’ll Show You Mine If You Show Me Yours

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NEW YORK, NY - SEPTEMBER 30: Berkshire Hathaway Inc. Chairman and CEO Warren E. Buffett smiles at the New York Stock Exchange before ringing the opening bell on September 30, 2011 in New York City. U.S. President Barack Obama's new plan for a higher tax rate for millionaires has been dubbed the "Buffett Rule" in reference to the billionaire investor, who supports the plan.  (Photo by Mario Tama/Getty Images)
NEW YORK, NY - SEPTEMBER 30: Berkshire Hathaway Inc. Chairman and CEO Warren E. Buffett smiles at the New York Stock Exchange before ringing the opening bell on September 30, 2011 in New York City. U.S. President Barack Obama's new plan for a higher tax rate for millionaires has been dubbed the "Buffett Rule" in reference to the billionaire investor, who supports the plan. (Photo by Mario Tama/Getty Images) Photo: Mario Tama/2011 Getty Images

Tax returns, that is. Warren Buffett, responding to a Wall Street Journal editorial calling on him to publicly release his tax returns in order to enlighten everyone "on his secrets of tax avoidance," says sure, he'll do it — if Murdoch does it, too.


"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.

A high-noon shoot-out for multibillionaires.

Buffett challenges Murdoch on tax returns [CNN Money]