Warren Buffet speaks against lower taxes for billionaires

Finally, a rich person with some common sense and some heart. Warren Buffet speaks out about how the people in this country need to wake up and see that cutting taxes on the wealthiest 10 percent of Americans isn't going to create jobs or spur investment; a rich investor will invest no matter what the tax rate. He also said that there is no reason he should be paying "a lower tax rate than my secretary". He suggest that there should be 2 additional tax brackets: one for those who make over a million and those who make over 10 million. Sounds like a good idea to me...

I say if you can afford to pay more, then you should. If they can't come up with a fair system then just make everybody pay the same rate across the board. Greedy people will always find a way around the system to create a higher bottom line for themselves. And while on one side, they work hard for their money and deserve most of it, there is no reason for them to get a higher percentage of their income to play with when the people on the bottom of the totem pole have to dance on a pole to get gas money and a loaf of bread.

The guy in the video below speaks on how cutting taxes for the wealthy in our nation has led to calamity more than it has lead to prosperity. Seems like our "scholars" in Washington would recognize that, if the foundation crumbles, the entire house will collapse with it. But instead, people are more concerned about pushing their political agendas than saving the entire nation... all for the sake of getting their hands greased and keeping a few extra dimes in their pockets. Hopefully, somebody somewhere will listen to Warren and make some changes to their personal philosophies so that 90% of our population can move from "struggling" to being "relatively comfortable." We will see...

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