[Old School]

Just how serious is Buffet about the rich paying higher taxes?

Warren Buffet isn't serious when he says, please, tax me more. He was asked by CNBC reporter Rebecca Quick in 2007 why he shelters his fortune in tax-exempt foundations instead of giving it to the government, as he exhorts others to do. Buffet replied, "I think that on balance the Gates Foundation, my daughter's foundation, my two sons' foundations will do a better job with lower administrative costs and better selection of beneficiaries than the government." In other words, he thinks he has better ideas for how to spend his dollars than the government, and would do a better job of it, too.


http://www.americanthinker.com/2011/08/w...obama.html