In response to:

Warren Buffett and the Corrupting of the American Soul

Zerubbabel Wrote: Dec 02, 2012 1:11 PM
ALL capital, Income and dividends et al, is taxed continuously. Everywhere a financial transaction is made some state agency joins in for a cut. Buffet is right that "uncertainty" prevents investment. But should we embrace a socialist certainty then those with capital will invest to create favorable position in the new reality - plain and simple. Meritocracy is a myth. Any example brought forward to prove it would be an anomaly and NOT the norm.
“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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