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Buffett Refuses Freshman Republican’s Offer for Tax-Return Swap

Warren Buffett, who is pushing for higher taxes on the wealthy, refused the request of a Republican congressman to swap tax returns and reiterated his pledge to publish the form if other billionaires would do the same.

“If you could get other ultra-rich Americans to publish their returns along with mine, that would be very useful to the tax dialogue and intelligent reform,” Buffett said in a letter yesterday to Rep. Tim Huelskamp of Kansas. “I stand ready and willing -- indeed eager -- to participate,” he said in the letter, which was e-mailed to Bloomberg today by an assistant.