Wareen Buffet and the uber rich hypocrites
Reader comment on: Richard Epstein on Buffett and Benedict
Submitted by Dan Calabria (United States), Aug 24, 2011 11:36
The uber rich, including Warren Buffet, are beyond boring with their hypocrisy.
There is absolutely nothing to prevent them, including all of their wealthy friends, from contributing additional monies to their respective country's treasuries. All it would take is a phone call to one of the army of tax attorneys in their employ.
However, the real solution to their "problem" is a wealth tax assessed annually on their total global wealth in excess of $10 million, including any and all tax haven accounts, plus their foundations.
Perhaps a mere 5% tax on that total wealth would salve their guilt feelings and put an end to their pained hypocrisy.
Note: Comments are moderated by the editor and are subject to editing.
Comment on this item