Buffett: Ultra -Rich People Should Pay More Taxes

Author's Avatar
Nov 23, 2010
According to Bloomberg, Warren Buffett did an interview with ABC’s “This Week With Christiane Amanpour” that is scheduled to air on Nov. 28.

In the interview, Buffett made some comments that will not win him friends among the billionaires:
“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. But that has not worked the last 10 years, and I hope the American public is catching on.”



(Source: Bloomberg)