thenewrepublic:

A few weeks ago, Warren Buffet caught some flack from conservatives for an OpEd in the New York Times in which he argued that the rich are undertaxed.  
The Wall Street Journal editorial page:
“If he’s worried about being undertaxed, we’d suggest he simply write a big check to Uncle Sam and go back to his day job of picking investments”.
Jonathan Chait’s blog suggests that such criticism is misguided- wealthy people who favor higher taxes on the rich don’t just believe they should pay more taxes. They believe the government needs more revenue.
So are the recent rumors true? Will one of the wealthiest figures in modern America step down as the Berkshire CEO to focus full time on philanthropy?
Courtesy of mint.com

thenewrepublic:

A few weeks ago, Warren Buffet caught some flack from conservatives for an OpEd in the New York Times in which he argued that the rich are undertaxed.  

The Wall Street Journal editorial page:

“If he’s worried about being undertaxed, we’d suggest he simply write a big check to Uncle Sam and go back to his day job of picking investments”.

Jonathan Chait’s blog suggests that such criticism is misguided- wealthy people who favor higher taxes on the rich don’t just believe they should pay more taxes. They believe the government needs more revenue.

So are the recent rumors true? Will one of the wealthiest figures in modern America step down as the Berkshire CEO to focus full time on philanthropy?

Courtesy of mint.com