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Warren Buffett and the Corrupting of the American Soul

lchausse Wrote: Dec 02, 2012 12:07 PM

While I agree it might make those who are on the dole feel "good" to "take" money from the rich, don't these high wealth individuals keep their money off shore somewhere so they don't have to pay taxes on it? I prefer to "contribute" my small amounts as I see fit to whomever I please and not as the government sees fit. I'm perfectly capable of managing my miniscule resources and I don't need help from the wealthy.

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lchausse Wrote: Dec 02, 2012 12:25 PM

Additional comment: the fair tax doesn't have a chance. Why? Because this takes the power away from the politicians. It puts the "spender" in complete control of his tax situation. If you don't spend, you don't pay the tax. Very simple.

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Warren Buffett and the Corrupting of the American Soul

“Bottom line…would raising taxes on the wealthiest Americans have a chilling effect on hiring?”

It was Matt Lauer’s final interview question for his guest, on last Tuesday’s episode of NBC-TV’s “Today” show.

“No,” the guest adamantly replied. “No… and I think it would have a great effect in terms of the morale of the middle class..”

The guest was famed investor Warren Buffett, CEO of the Berkshire Hathaway holding company and a personal friend of President Obama (and by the way, did you know that Obama calls him, and not the other way around? Mr. Buffett would...

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