Warren Buffet wants taxes for “mega-rich”

In a New York Times piece that appeared Monday, billionaire Warren Buffet stated that
there should be more taxes for the “mega-rich.” According to Buffet, he would immediately raise taxes on households with an immediate income over $1 million and even more taxes for those that make more than $10 million.

Writes Buffet, “My friends and I have been coddled long enough by a billionaire-friendly Congress.” Added Buffet, “People invest to make money, and potential taxes have never scared them off.”