"Warren Buffett tackles bankers' bonuses": "It's infuriating...no one going to jail" (interviews, wisdom)
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"In a BBC interview, the Sage of Omaha criticised the huge rewards enjoyed by those in the financial industry and called for a more 'progressive' taxation system. The second-richest man in the world also sympathised with those who are furious with the bankers who helped to create the financial crisis."
Nice excerpts from a TV interview with Buffett airing in the UK.
On taxes:
"I don't think society ought to count entirely on the goodwill of the rich to decide on the proportions that go back. So I believe in a very progressive tax on income."
"In a BBC interview, the Sage of Omaha criticised the huge rewards enjoyed by those in the financial industry and called for a more 'progressive' taxation system. The second-richest man in the world also sympathised with those who are furious with the bankers who helped to create the financial crisis."
Nice excerpts from a TV interview with Buffett airing in the UK.
On taxes:
"I don't think society ought to count entirely on the goodwill of the rich to decide on the proportions that go back. So I believe in a very progressive tax on income."
I love Warren Buffett and his partner Charlie Munger - Ive held onto some BRK-B just to go to the amazing annual meeting every May (though didnt go last year). Everyone should buy one share and go to that meeting -- these guys arent going to be around forever.
Funny that Buffett him self is checked into for doing his business in a risky way...but of course having the president as your friend can become very handy...
Funny that Buffett him self is checked into for doing his business in a risky way...but of course having the president as your friend can become very handy...
Yeah, passive income should be taxed higher than linear income.
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Thanks for posting this.......
