Warren Buffett wants a 30% tax rate on the rich. Seems flat enough. So lets have a Flat tax for everybody.
Super rich guy tells the wealthy to raise taxes on themselves11/26/2012
The election may be over, but political squabbles are here to stay: Warren Buffett, liberal America's patron saint of the super rich, has declared his support of a flat tax on the wealthy in an op-ed piece for The New York Times. Buffett argues that "the ultrarich, including me, will forever pursue investment opportunities" — even if taxes go up. Buffett writes that the "ultrarich" make an average of $97,000 per hour and "half of this crew paid less than 20 percent" in combined federal income and payroll taxes. His solution? A flat tax of 30 percent on people making between $1 million and $10 million — and 35 percent above that. [Source]
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What's your stance on raising taxes?