Sunday, November 21, 2010

Billionaire Buffett Says Tax Cuts for Rich Not Necessary


The second wealthiest person in the US, Warren Buffett, rebutted claims that the Obama administration is unjustly hurting business orders with high taxes by saying that in fact, the wealthy have never had it so good.

"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," he told ABC's Christiane Amanpour in a clip played on "This Week" on Sunday, Nov. 21st.

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