Tuesday, August 16, 2011

@AllAmerInvest (8-16)

Stop Coddling the Super-Rich

Warren Buffett paid $6.9M in taxes last year.

While that sounds like a lot of money, it was only 17.4% of his income, about half as much as the average person who works for him paid and Buffett, unlike most people at the top - believes that is not fair. In his plainly worded NY Times Editorial, "Stop Coddling the Super Rich" the $47 Billionaire states:

My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.


By Bob DeMarco
All American Investor

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Original content Bob DeMarco, All American Investor