Earlier this week, multibillionaire investor Warren Buffett got his op-ed into the New York Times: "Stop Coddling the Super-Rich." Said Buffett, "My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice. While most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks."Last year, thanks to how investment income is taxed at lower rates (capital gains at 15 percent) Buffett's income tax rate was 17.4 percent. The secretaries in his office paid a 33 percent tax rate on their income.If you agree with Buffett that this tax break for the wealthy is not right, then write Senate Majority Leader Reid, asking him to call a vote now on Senator Bernie Sanders' bill (SB 552) to tax millionaires and billionaires. And the fun doesn’t have to stop there! Make every senator go on the record about supporting or opposing Mr. Buffett's request to raise his taxes – just ask…
- KBOO