Warren Buffet speaks out

Hey Oliver reads fortune, and found something pretty neat...

On the idea of a flat tax
I wouldnâ€™t support it. We have, in my view, a taxation system thatâ€™s much too flat already. If you look at the payroll taxâ€”which is over 12% now, and that applies on the first $80,000 or $90,000 of incomeâ€”Bill and I pay practically none of that in relation to our income. For the people that work for us, their tax rate in many cases is the same or even higher than my own, since the rate on capital gains and dividends was cut to 15%. What has gone on in this country in recent years is a huge benefit to the very rich and not that much relief to people down below. Frankly, I think that Bill and I should have a higher tax rate on the income we get. We pay less than half the rate that I was paying 25 years ago when I was making a lot less money. They have really taken care of the rich.

Warren Buffett is the second richest man in ~~America~~ the universe and has just stated that he thinks he the wealthiest %3 ought to be taxed more. Just wanted to further clarify that.

Comments

216-416-0033-- What the fuck?

Somebody called my cell phone from the number 216-416-0033 (call it, you get static) and left a vulgar message. I did a search, and it happened to somebody else, same exact number. But unfortunately, that link doesn't help much. Any ideas? Update: 7/26/2005 Reader mail! i know this is random, but i am not a member of your blog, so i am sending you a myspace message. i googled the relay number that prank called me this evening, the same one you got a call from in april. that relay number is a number you can find online somewhere, and use your computer to make relay calls. usually you have to have a certain phone to use relay, but this company lets you do it through a computer, thus allowing non-deaf people to make relay calls to other non-deaf people. i found out that it was my boyfriend's little brother calling me, so chances are someone you know found the number and used their computer to call you. so its not some crazy person calling you. just thought i would let you know, th...