Warren Buffett: Please Shut Up
Governor Christie is absolutely right about whiney Warren Buffett and I'm glad someone finally had the guts to say it.
Christie said Buffett "should just write a check and shut up."
Actually, I have a better idea. Instead of having everyone with an income above $250,000/year pay higher taxes, here's what we should do:
The government should enact an ultra-high wealth tax, only for people worth above $40 billion dollars. The tax rate should be 99.99% on their assets. I think that's fair because Buffett would still be left with $4 million which would still put him in the top 1% of all wealthy Americans. Also, all charitable foundations should be dissolved because it's obvious that the government can do the job better than they can. That's MY Buffett Rule.
Christie said Buffett "should just write a check and shut up."
Actually, I have a better idea. Instead of having everyone with an income above $250,000/year pay higher taxes, here's what we should do:
The government should enact an ultra-high wealth tax, only for people worth above $40 billion dollars. The tax rate should be 99.99% on their assets. I think that's fair because Buffett would still be left with $4 million which would still put him in the top 1% of all wealthy Americans. Also, all charitable foundations should be dissolved because it's obvious that the government can do the job better than they can. That's MY Buffett Rule.
posted by pistolpete | 12:14 PM
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