Warren Buffett: Cut Taxes For Middle And Lower Classes; Rich Should Pay Much More

Posted by | November 21, 2010 15:52 | Filed under: Top Stories

Warren Buffett, in an interview scheduled to air on ABC’s “This Week” November 28, says the wealthy should pay much more in taxes.

“If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further…But I think that people at the high end — people like myself — should be paying a lot more in taxes. We have it better than we’ve ever had it…The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you.”

Buffett, the CEO of Berkshire Hathaway Inc., added, “But that has not worked the last 10 years, and I hope the American public is catching on.”

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Copyright 2010 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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