Half of Wealthy Americans Agree with Buffett, Would Pay Higher Taxes


Business guru and famous super-rich person Warren Buffett made waves last month with an op-ed in The New York Times, “Stop Coddling the Super-Rich,” calling for higher taxes for him and other obscenely wealthy Americans. He argued that the nation’s very well-off are not sacrificing enough in these hard times and enjoying a tax rate much lower than what’s it has been set for the rich in previous decades. There have been a variety of responses to Buffett’s piece, some supportive, some not. But today we have a response from the wealthy themselves, and nearly half agree with Buffett’s sentiment. 48 percent of those with several million dollars in assets are willing to pay more taxes for the common good, according to a recently released survey (see the PDF report):

Read the full article at the Atlantic Monthly Online…