"either an idiot... or possessed of a dangerous agenda and very cunning"
Thursday, 28 June 2007
Warren Buffett - the rich should pay more tax
Interesting bit in The Times here about billionaire US investor Warren Buffett arguing that the rich don't pay enough tax. Buffett is a paid-up member of the boss class (although a Democrat!) and one of the most respected investors in the world. He is just the latest in a number of remarkably un-radical (politically) people to warn that growing inequality could do a lot of damage.
As The Times says:
The comments are among the most signficant yet in a debate raging on both sides of the Atlantic about growing income inequality and how the super-wealthy are taxed.