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http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?_r=1&smid=fb-share
Stop Coddling the Super-Rich
By WARREN E. BUFFETT
http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?_r=1&smid=fb-share
Stop Coddling the Super-Rich
By WARREN E. BUFFETT
But if they do that, then the job market suffers. They need that money to make jobs.
I didn’t refuse, nor did others. I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off. And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation.
he cuts that argument down as well
But if they do that, then the job market suffers. They need that money to make jobs.
he's always been like that though. for years he's insisted that it's ridiculous that his secretary is in a higher tax bracket than he is. then he gives gates half his money to feed kids around the world. warren buffett is goddamn awesome.
http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html?_r=1&smid=fb-share
Stop Coddling the Super-Rich
By WARREN E. BUFFETT
Sarcasm, right?
I want to get this imprinted on some vinyl wallpaper, and do it as a feature wall in my office. It would be god damned awesome.