Posts Tagged ‘news’
The rich attack tax rates – and I actually agree!
In a strong article in the NY Times, billionaire investor and philanthropist Warren Buffet writes that he and his friends “have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.” Therefore he says, increase taxes for rich, and even more for the mega-rich!
The article was inspired by the upcoming work of twelve members of congress, who are to decide how to reduce the deficit by $1.5 trillion over the next 10 years. Buffet says the place to start is taxing the wealthy. The article is clean, crisp, and shows an easy way to approach a problem that is anything but simple. The full article can be read here: Stop Coddling the Super-Rich