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.

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