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Buffet: It's Time To Tax The Ultra-Rich

Wed, 10/06/2010 - 9:02am

Warren Buffet, investor extraordinaire and current CEO of Berkshire Hathaway, recently sat down with CNN's Poppy Harlow to talk the state of the U.S. economy. With deficits growing, Buffet offers a simple solution: raise taxes on the super-rich, even himself. With more money in the coffers from the greatest capitalist success stories, the country could better afford a tax break for the middle class.

Bizarrely, and shockingly enough, Buffet seems to claim that his tax rate is lower than anyone else in his company, regardless of how much money he actually makes.

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Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Joel.Hans@advantagemedia.com.

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