If you’re not wealthy, I have good news for you. Warren Buffet wants to give you money. Well, sort of. He want to force other people to give money to the state, but isn’t that the same thing?
In a smugly self-righteous column in Sunday’s New York Times, Buffet lectures other wealthy people about what they should do with their money. (Actually, it’s about what should be done to those people, but we’ll set that aside for now.) He says that people such as himself should be paying more taxes, because the percentage he pays isn’t as much as the percentages that other people pay. What insane person ever decided that percentages should be used to calculate the price of services?
Buffet says he paid $6,938,744 in federal taxes last year, but he says that’s too little because it amounts to only 17.4 percent of his income, which he says is a lower percentage than was paid by anyone else in his office. Would he care to compare the actual dollar amounts paid?
Obsession with partisan hatred diverts you from economic truth
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