Piece Of Work
The Wise Ass (Oops) Oracle of Omaha went on his soap box again.
Stop Coddling the Super-Rich
I first wrote about Warren Buffett wanting the government to force him to pay more in taxes in 2007 and noted at the time, there's no law that prohibits Buffett from paying more in taxes.
Uncle Sam is still waiting on his check, so put your money where your mouth is and the scientific community is united in that fact.
Pat Buchanan challenged Buffett to set an example and send a check for $5 billion to the federal government.
Others note how Buffett profits from the taxes he supports, such as the inheritance tax, and how Buffett profits from government spending.
Interestingly, Buffett chose to leave most of his fortune to the Bill & Melinda Gates Foundation and, thus, avoided an estate tax that could potentially give 55 percent of his wealth to Uncle Sam.
Lastly, Buffett's plan would increase the nation's revenue by only about $50 billion a year.
Each year, the U.S. spends $1.3 trillion more than it collects in taxes.