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« Is the "Pledge" realistic? | Main | The rich get richer »
Thursday
Sep232010

Buffett on taxes

DateThursday, September 23, 2010 at 3:01PM

Warren Buffett favors tax increases for the most wealthy ? Iowa Independent:

Buffett, on extending the Bush tax cuts: ?I think it?s almost a cinch that they will be extended for the people ? I don?t know if it?ll be exactly [making less than] $250,000, or whatever the number may be, in the end. But I do not that there?s going to be, effectively, a tax increase for people up and down the line. I think there should be tax increases for people in the high income levels.?

 I suppose this should come as no surprise, Warren Buffett's politics being fairly well known. I suppose when you're worth $45B losing an extra 4.6% per year isn't a big deal. 

AuthorGreg Hollingsworth | Reference1 Reference |

References (1)

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  • Source
    Source: Warren Buffett favors tax increases for the most wealthy
    by Annie Lowrey at The Iowa Independent on September 23, 2010
    Buffett, on extending the Bush tax cuts: “I think it’s almost a cinch that they will be extended for the people — I don’t know if it’ll be exactly [making less than] $250,000, or whatever the number may be, in the end. But I do not that there’s going to be, effectively, a tax increase for people up and down the line. I think there should be tax increases for people in the high income levels.”

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