Tuesday, November 23, 2010

Warren Buffett: Read My Lips, Raise My Taxes

Yesterday famed billionaire Warren Buffet spoke with ABC News' Christiane Amanpou and said that he supports letting the Bush tax cuts expire for wealthy taxpayers.

"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further," Buffett said. "But I think that people at the high end -- people like myself -- should be paying a lot more in taxes. We have it better than we've ever had it." While about 40 other super-rich taxpayers have jumped on this “tax me, please!” bandwagon, I’m sure there are dozens more rich folk who would just as soon pay less in taxes.

Check out a video of Buffet's interview below, or click here for the full article on ABC News.com.

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