Sunday, November 21, 2010

Warren Buffett: Rich people should pay higher taxes


From Bloomberg:

Billionaire Warren Buffett said thatrich people should pay more in taxes and that Bush-era tax cutsfor top earners should be allowed to expire at the end ofDecember.

"If anything, taxes for the lower and middle class andmaybe even the upper middle class should even probably be cutfurther," Buffett said in an interview with ABC's 'This WeekWith Christiane Amanpour' that is scheduled to air on Nov. 28. "But I think that people at the high end -- people like myself-- should be paying a lot more in taxes. We have it better thanwe've ever had it."

Of course, Buffett is a socialist, so what does he know?

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