Wednesday, August 17, 2011

Warren Buffet Speaks Out For Higher Taxation of the Mega-Wealthy

For all who adhere to the mindless mantra that tax increases are job-killers, I highly recommend a New York Times essay penned by Warren Buffet, one of the world's richest men, in which he advocates tax increases for the mega-wealthy. As the old saying goes, only Nixon could visit Red China, so let's hope Buffet's "Wall-Street cred" invites some serious consideration rather than the usual rabid denunciations of anyone else suggesting such a thing.

It goes without saying that what he advocates is equally applicable to Canada's richest citizens.

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