Income and Tax Inequality
Posted on November 26th, 2007
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“The 400 of us pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”
That’s from Warren Buffett, the second-richest man in the U.S., addressing the guests at a $4,600-a-seat political fund-raiser. When one of the world’s richest men is complaining he doesn’t pay enough in taxes, maybe that should tell you something.
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Filed under: politics, poverty and wealth, quotables
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