| spaceguy said: So Warren Buffett came out and called out the elephant in the room. Buffett noted that the mega-rich pay income taxes at a rate of 15 percent on most investment income but practically nothing in payroll taxes. The middle class, meanwhile, typically falls into the 15 percent and 25 percent income tax brackets and is hit with heavy payroll taxes. He said Washington legislators “feel compelled to protect us, much as if we were spotted owls or some other endangered species.” Read
Read more: http://newsok.com/warren-buffett-calls-for-mega-rich-to-pay-more-taxes/article/3594850#ixzz1VAN0EHs0 http://newsok.com/warren-buffett-calls-for-mega-rich-to-pay-more-taxes/article/3594850 So the rich are even coming out and calling out the politicians to stop protecting billionaires. What do you think after reading this article? So I ask all of you Republicans what are your points now that the rich come out and confirms some of the left views on this site? |
This isn't exactly new for Warren Buffet.
Interesting you'd consider one rich guy "The rich" though.
I guess the dozens of rich people and ceos that disagree with him don't matter?
I think Warren Buffet is the smartest investor in the market, but he tends to say things he can't really believe when it comes to politics. For example he said the US should keep it's AAA rating because the US can always pay debts by printing more money.
