Billionaire Warren Buffett’s message to Republicans and President Obama – “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.”
Mr. Buffett, Chairman and CEO of Berkshire Hathaway appeared on ABC’s This Week with host Christiane Amanpour and spoke about the Bush Tax Cuts and the Republicans claim that the rich need tax cuts to provide jobs for the middle class.
Mrs. Amanpour stated the republican claim that, “you have to keep those tax cuts, even on the very wealthy, because that is what energizes business and capitalism,” but the billionaire CEO shut down that Republican talking point with some first-hand knowledge, saying;
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.
The American people are catching on but so far, no luck with the Republican in Congress. These Congressional Republicans – who are themselves millionaires and make up about 44 percent of Congress – are still demanding that rich folks like Warren Buffett get more tax-cuts for “job creation.” And these Congressional millionaires will not compromise on this position.
See the video below.
- Warren Buffett: Please, Raise My Taxes (crooksandliars.com)
- Warren Buffett: Raise My Taxes (abcnews.go.com)
- “Warren Buffett tells ABCâ€™s â€˜This Weekâ€™: People like me should be paying a lot more in taxes” and related posts (blogs.orlandosentinel.com)