Cornhusker
Long Time Member
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What do you guys think about the second wealthiest man in America Warren Buffett speaking before the Senate Finance Committeeand defending the estate tax. "Concentrating vast sums of money in the hands of one family runs contrary to the ideal of an American meritocracy" The estate tax at present only affects estates valued at more tan $2 million dollars. He wants to give the $24 billion each year for tax break for lower income families.
Buffet also on his CNN interview spoke out about the fact that as a multi-billionare he pays 17% taxes while his secretary pays 34%. He wants to see that reformed as well. Now you can't just shrug this guy off as an uneducated rube. Good idea or bad?
Buffet also on his CNN interview spoke out about the fact that as a multi-billionare he pays 17% taxes while his secretary pays 34%. He wants to see that reformed as well. Now you can't just shrug this guy off as an uneducated rube. Good idea or bad?