Tax millionaires more, says Warren Buffett, America's richest

Billionaire investor Warren Buffett has again urged the federal government to boost tax rates - not, as President Obama has wanted, on people making $200,000 plus a year, many of whom don't think of themselves as rich - but on people making over $1 million a year. They can afford to pay more, they used to pay more, and it won't stop them from investing, he says. Read Buffett in the NYTimes here.

Every time I write about Buffett and the other handful of rich people who say their class, having benefited from US infrastructure, social and economic spending, isn't doing enough to pay its government bills, I get messages from people who point out, if Buffett believes the government should have more of his money, there's nothing to stop him from personally writing Obama a large check...

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