Thread: Billionaire W. Buffet says rich people should pay more taxes

Warren Buffett Tells ABC Rich People Should Pay Higher Taxes

By Juliann Neher -
Nov 21, 2010 9:00 PM PT
Business Exchange
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Billionaire Warren Buffett said that rich people should pay more in taxes and that Bush-era tax cuts for top earners should be allowed to expire at the end of December.

“If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further,â€

Billionaire Warren Buffett said that rich people should pay more in taxes and that Bush-era tax cuts for top earners should be allowed to expire at the end of December.

It looks like congress doesn't listen to him very much.

Registered Democrats should all be paying higher taxes. They are the ones that want them. Why not just raise taxes on them and leave Republicans and Independants alone? That seems like the fair thing to do imo...

PaulRevere9 wrote,

Registered Democrats should all be paying higher taxes. They are the ones that want them. Why not just raise taxes on them and leave Republicans and Independants alone? That seems like the fair thing to do imo...

Sort of like putting your money where your mouth is. I agree.

I do not trust Buffet any farther then I could throw him. BNSF, his railroad hauls enormous amounts of coal. He teamed up with Wonder Boy and beat the coal industry up and then Buffet buys a railroad on the cheap. Go figure.

Then there was the Goldman Sachs bailout bought on the cheap.

Buffet says one thing and works the other end to his benefit.