You resent taxing the super rich? I'm talking about taxing the top .5-1% on wealth, like Bill Gates, Warren Buffett, and people who won't feel it. Steve Jobs, Apple's CEO (great CEO and company) has a salary of 1 dollar. The US is losing out on a lot of money with CEOs doing this. I'm not saying taxing 35% of ones wealth but maybe like 1% every year, because 1% of 1 billion dollars is 10 million, It won't hurt that person's wealth, but it will help the US finance projects.
And Warren Buffett donated all that money to get a TAX WRITE-OFF, not because he cares about the B&M Gates Foundation. He saw it was going to be taxed by the government anyways so he donated it so he wouldn't lose as much.
The U.S. Debt Quandary [View article]
And Warren Buffett donated all that money to get a TAX WRITE-OFF, not because he cares about the B&M Gates Foundation. He saw it was going to be taxed by the government anyways so he donated it so he wouldn't lose as much.
BP