Buffett: 'Stop Coddling the Super-Rich'

Townhall.com Staff
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Posted: Aug 15, 2011 11:09 AM
Buffett: 'Stop Coddling the Super-Rich'

Warren Buffett, one of the wealthiest men in the world, urged the government to raise his taxes, saying he and his “mega-rich friends” have been “coddled long enough by a billionaire-friendly Congress."

In a New York Times op-ed, the chairman and CEO of Berkshire Hathaway wrote Monday that “extraordinary tax breaks … and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species.” This is unwarranted, he argued: “I know well many of the mega-rich and, by and large, they are very decent people… Most wouldn’t mind being told to pay more in taxes as well, particularly when so many of their fellow citizens are truly suffering.”