Video Wheaties: Warren Buffet Shakes Things Up

October 31, 2007 Filed under: Ethics

Buffet thinks he's not paying enough in taxes
This NBC story
is about one of my favorite people in the world: the smart, savvy, and sensible billionaire, Warren Buffet. Here, Tom Brokaw goes out to Omaha to hear about "the Oracle's" latest crusade: trying to get congress to raise his tax rate relative to his (poorer) employees' tax rates (he couldn't find one person in his office who pays at a lower rate then him -- and he doesn't even engage in tax planning!). My favorite part is the challenge Buffet makes to fellow Fortune 100 rich-guys (and gals) to find one employee in their company who pays less relative taxes than they do.

Clearly, there are some loopholes which need to be closed here.

comments powered by Disqus