Warren Buffett: I’m paying the lowest tax rate that I’ve ever paid in my life
How does a man worth $62 billion say that he should be paying more taxes? He’s a believer of “profitable patriotism” (Google it). While talking to the New York Times, he made it clear that the U.S. Government should increase taxes on the wealthy to help pay for the recently-passed bank rescue, which is designed to end the financial crisis.
Next Tuesday, we’ll see which road this road will be taking as far as taxes are concerned. Head to NYTimes.com for the full interview with the World’s richest man.