Thursday, September 1, 2011
Warren E. Buffett Stop Coddling The Super-Rich
I agree with Warren E. Buffet's idea of a "shared sacrifice" for the taxes of both the super rich and the poor and middle class. The super rich have extra money, work less. The lesser off classes have to pay more in taxes, earn less, and work more. Yes, the super rich may have worked hard to get the amount of money they have now, but if they are billionaires now, then most likely they have other people doing manual labor. The lower classes however get less, work more, then have some of that money taken out in taxes. The billionaires, like Warren for example, pay 17.4% while the lower classes pay up to 41% with the lowest being 33%. To me I think they should be taxed for the same amount, if not 2% more. This is why I totally agree with Warren Buffett and his “shared sacrifice” proposal.
Subscribe to:
Post Comments (Atom)
Amanda, I agree. It's true that working and middle class citizens have to work much harder to, in turn, be taxed more. A lot of super wealthy people were given much more opportunity than working class people who were born into the working class world. Like Buffet said, it's easy to make money with money.
ReplyDelete