capital gains tax rates, are around 15 %....<quoted text>I knew I should have consulted with you, I know you know more then The Wall Street Journal, Forbes and the rest. I'm sure that's why you didn't dispute it. Simply put, while Mr. Buffett believes that everyone ELSE should pay higher tax rates, he utilizes the current tax code to eliminate as much of his own tax burden as possible.
Ask Mr. Buffett how he would feel if long-term capital gains were taxed as ordinary income? That is clearly his primary source of taxable income, so if he feels that ďrichĒ people should pay more, he should be on board with that kind of plan.
If Buffett REALLY thought the government should receive more tax revenue, why did he make that giant gift commitment to the Bill and Melinda Gates Foundation? That gift will deprive the government of billions of tax revenue.
ask mitt romney if he likes that??
what is your point.??
buffet favors going back to clinton rates?? so do I..
romney favored lowering taxes on the super wealthy even more...