This transcript has been automatically generated and may not be 100% accurate.

... the the ... first what is NetJets doing ... and why is this striking some as hypocritical given warm Buffett stance on taxes ... the ages of twenty happen on the way to the act the Buffett rule here ... so I'll be a warm Buffett is taught how ... to reach a higher ... share their income in taxes to pay for it ... I've tax rate than his secretary he thinks that's unfair ... Democrats seized on that included president ... saying that you know the re should pay more ... audiences have come a time when ... Mitt Romney a guy who also is pretty low tax rate ... is running presence of the great political theater going on right now ... on I'm over of class warfare ... ahh and then we found out that day NetJets the odd that the private jet company up for it for companies and executives ... that is owned by a warm Buffett ... I just got a big tax break for itself up on onthe on the city pays ... ok so it's a brave Libya's he though ... is this though what NetJets is done ... any different from what any other company out there does ... it is there any implication the Warren Buffett himself was in their lobbying for this tax break ... right now that it is is is is is usually wash and it does absolutely nothing wrong with what they did it mean they were they were pushing for a tax changes be Iran's ... um ... they they haven't gotten entities or move to Congress mean this is out ... in a wash and one o one ... um the video reasons interesting is that you got warm up to one side saying ... on a day to I know that that ... he should pay lower tax reading about one's companies ... of said the warrants a ... higher tax rate when his company's pushing for ... essentially a lower tax rate for ... it is the chance that the market when you are told they would dispute that this is actually a tax rate is that just semantics are given point ... what if demand is a mean it's it's the it's a it's a tea break I mean it you know the company's owners are ... going to pay less to the government as result of that night you can call at the break or tax break ... what what the company says that ... they were simply trying to change the ... classification of our NetJets another fractional on airlines ... from on so-called commercial category to a non commercial