Comment

Warren Buffett's Tax Hypocrisy

4
gehazi8/26/2011 9:59:50 am PDT

I *know* that arguing with you is pointless, but…”someone is wrong on the internet.” I’ll keep it succinct.

A. I will take every tax credit or break I am entitled to under law and am willing to spend time and money to reduce my personal tax-rate.

B. The US needs to have higher tax rates and/or lower tax breaks to improve its financial situation.

These two statements are in no way contradictory. You can’t meaningfully expand tax revenues from the generosity of just a few wealthy citizens, you have to institutionalize it.