BUFFETT CALLS FOR HIGHER TAXES

Buffett calls for higher taxes on US Super Rich The wealthiest Americans should pay more income tax and make sacrifice to bring the Nation’s fiscal house in order, Warren Buffett, chairman of Berkshire Hathaway, said Monday. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we Mega-Rich continue to get our extraordinary tax breaks,” Mr. Buffett said in an article carried on Monday’s The New York Times. Mr. Buffett noted that he paid 17.4% of his taxable income for the federal income and payroll taxes last year, and the … Read more