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by milu from Washington, DC

Last Post 57 days, 19 hours Ago


Warren Buffett on Charlie Rose
Oct 2, 2008 | 12:00 AM
Category: Political
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"I have never had it so good" in the last couple of years.  People like me should be paying more taxes.  I am paying thelowest taxes that I have in my life.  The government has taken less and less from the wealthy.  We should be paying more taxes.

Wrong to tax labor, e.g. Payroll tax more than investment/wealth.

The highest 1% is paying 25% of income taxes not of all taxes, i.e. Over $900 billion of payroll taxes are provided every year .  That is unfair to the working class. 

He pays 15% on capital gains but the working person pays 15% on payol lwhich is inequitable to such lower income people.

He says that there shuld be a stimulus package for the working people and poor.

 

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microbrother read my blog
Oct 2, 2008 | 7:55 AM

Yes, I saw the same interview, milu. Mr. Buffett is a very credible and wealthy man. He has been very consistent over the years and is well respected by all economic strata.

It just so happens that he supports Barack Obama for president of the country in which Mr. Buffett has invested so much.

Obama’08!
milu read my blog
Oct 3, 2008 | 3:09 AM

Exactly, Buffett's background and expertise puts in prominent focus what I have quoted above. He makes so much sense re who should be taxed and how and fairness for the people on the bottom. As Biden said Thurs. night: Fairness is what it is called where he comes from not that con totem fabricated by the Reps "class warfare."
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