RE: Capitalism; work in progress
August 16, 2011 at 2:34 pm
(This post was last modified: August 16, 2011 at 3:03 pm by bozo.)
As a change from my normal rant, let's hear it for billionaire investor Warren Buffet who is calling for America's mega rich to pay more taxes.
He would raise tax rates for those on more than $1million p.a with a larger increase for those on $10million p.a. or more.
He further wants to leave rates as they are for 99.7% of American taxpayers as the country sets about trying to reduce its deficit.
He is quoted in the New York Times as saying " It's time to get serious about shared sacrifice ".
I agree, let the rich bleed!
He would raise tax rates for those on more than $1million p.a with a larger increase for those on $10million p.a. or more.
He further wants to leave rates as they are for 99.7% of American taxpayers as the country sets about trying to reduce its deficit.
He is quoted in the New York Times as saying " It's time to get serious about shared sacrifice ".
I agree, let the rich bleed!
