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Buffettitis -- Is There a Cure?

rficara Wrote: Nov 29, 2012 8:44 AM
He THINKS that by SAYING he wants to pay more (all the while still fighting over a $100million dividend being taxed) he's inoculating himself against the Occupy hordes and the FUTURE rape Obama and his Marxist minions have planned for him. Dangerously naive. Ray from Bloombergia

Once again, billionaire investor Warren Buffett urges his fellow high-on-the-hoggers to pay more in taxes. "Only in Grover Norquist's imagination," says Buffett, do taxes make much of a difference in how people invest. "So let's forget about the rich and ultra-rich going on strike and stuffing their ample funds under their mattresses if -- gasp -- capital gains rates and ordinary income rates are increased. The ultra-rich, including me, will forever pursue investment opportunities. ...

"We need Congress, right now, to enact a minimum tax on high incomes. I would suggest 30 percent of taxable income between $1 million...