re: #1102 JCM

What types of “income” did Buffet include in that $47 million?

Which is better for the economy, giving a bigger piece to government and letting it return pennies on the dollar to the economy or letting Buffet invest it, thereby directing fueling job creation, and economic growth?

Excellent point. The progressive tax should not be so high as to demotivate the rich from getting richer. If you believe in trickle down economics, the more they keep, the more they spend fueling the economy. That’s why they keep fiddling with the rate, trying to strike a balance.