20 May, 2003

Eat the Rich

For a rich guy, Warren Buffet has some interesting ideas on taxation.

Instead, give reductions to those who both need and will spend the money gained. Enact a Social Security tax "holiday" or give a flat-sum rebate to people with low incomes. Putting $1,000 in the pockets of 310,000 families with urgent needs is going to provide far more stimulus to the economy than putting the same $310 million in my pockets.

If only those 310,000 families had some way to influence the government!

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