Oh my.

CNBC: “Are you happy that the way it is being described. Is the program that the White House has presented a million dollars and over your program? ”

Warren Buffett: “Well, the precise program which will — I don’t know what their program will be. My program would be on the very high incomes that are taxed very low. Not just high incomes. Somebody making $50 million a year playing baseball, his taxes won’t change. Make $50 million a year appearing on television, his income won’t change. But, if they make a lot of money and pay a very low tax rate, like me, it would be changed by a minimum tax that would only bring them up to what other people pay.”

CNBC: “Does that mean you disagree with the president’s new jobs proposal which would be paid for by raising taxes on households with incomes of over $250,000.”

Buffett: “That’s another program that I won’t be discussing. My program is to have a tax on ultra-rich people who are very tax rates. Not just all rich people. It would probably apply to 50,000 people in a population of 300 million.”

He apparently refused to endorse the unfunded, $500 billion “jobs” bill, too.

This is bad for the White House. They were using Buffett as cover to pass massive tax hikes, insisting that if such a legendary investor endorsed the hike then that must mean it won’t suppress investment. One problem: They didn’t make sure he actually liked the plan first. They apparently just assumed he would because he’s a Democratic donor.

So what’s the left’s explanation for this? Did Buffett suddenly become a racist or something? Clearly he must be, because — as Janeane Garofalo has so eloquently explained — any opposition to the president or his policies is clear evidence of pure racism. Or does that only apply to Republicans?