What Do Rich People Think About Taxes?

What Do Rich People Think About Taxes? I do not know for the most part. But here is an article by one of the U.S. billionaires.

His name is Warren Buffet. Perhaps you have heard of him. I suggest you read what he has to say. Not sure what it is like for Canadian billionaires, but I would not be surprised if it is a similar story.

Read Warren’s comments on taxes, as reported in the New York Times.

To help you decide to read the entire article, here is a sample quote.

Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. According to a theory I sometimes hear, I should have thrown a fit and refused to invest because of the elevated tax rates on capital gains and dividends.

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Calculating Taxes Up And Down
Creative Commons License photo credit: kenteegardin and SeniorLiving.org

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