Thursday, March 11, 2004

Warren Buffet on Bush Taxes and Class Warfare

In the Spring letter to investors in Bershire Hathaway, Mr. Buffett apparently continues to rebuke Bush for tax policies that disproportionately benefit the wealthy. Or so I've heard: the stock's a little rich for my blood, with the "B" shares going for about $3,050 each!

from Pacificviews.org: "Tax breaks for corporations -- and their investors, particularly large ones -- were a major part of the administration's 2002 and 2003 initiatives," Buffett said. "If class warfare is being waged in America, my class is clearly winning." "Many large corporations pay nothing close to the stated federal tax rate."



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