Stop coddling the super-rich
Billionaire Warren Buffett urged U.S. lawmakers Monday to raise taxes on the country's super-rich to help cut the budget deficit, saying such a move will not hurt investments.
"My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice," The 80-year-old "Oracle of Omaha" wrote in an opinion article in The New York Times.
well this is refreshing to hear but why did he wait until now?
by thecounterpunch 9 years ago
This is the testimony of Martin Armstrong a well-reknowned hedge fund manager: "At the start of the silver manipulation I was flat. I had taken all profits and closed out all short positions. Silver was trading around $4.29 when PhiBro walked across the ring and handed to my broker an order to...
by Ralph Deeds 7 years ago
Let me remind you why I’m writing. Just over two years ago, in September 2008, our country faced an economic meltdown. Fannie Mae and Freddie Mac, the pillars that supported our mortgage system, had been forced into conservatorship. Several of our largest commercial banks were teetering. One of...
by SparklingJewel 6 years ago
Warren Buffett, "I could end the deficit in 5 minutes," he told CNBC."You just pass a law that says that anytime there is a deficit of more than 3% of GDP, allsitting members of Congress are ineligible for re-election. The 26thamendment (granting the right to vote for 18 year-olds)...
by mio cid 6 years ago
I, being a political junkie listen regularly to the right wing nut talkin heads, and it is really amazing to me that any mention of the subsidies, tax breaks,loopholes that benefit the rich is immediately labeled as "Class warfare" And makes them start weeping and crying because of the...
by GA Anderson 5 years ago
Found this on my Facebook wall - So I don't take credit for putting it out there.But... as a basic concept - sounds like a good starting point to meHere is what he supposedly said..."Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:"I...
by payneman17 6 years ago
Why does Warren Buffet (#3 on the Forbes list) pay less taxes than his secretary?Tax Law, Morals, and a messed up American society
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