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A Minimum Tax on the Wealthy

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“SUPPOSE that an investor you admire and trust comes to you with an investment idea. “This is a good one,” he says enthusiastically. “I’m in it, and I think you should be, too.”
Would your reply possibly be this? “Well, it all depends on what my tax rate will be on the gain you’re saying we’re going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent.” Only in Grover Norquist’s imagination does such a response exist.” 

Read the rest of what legendary investor Warren Buffet has to say in The New York Times, Nov. 25, 2012, about tax rates on the wealthiest Americans: http://www.nytimes.com/2012/11/26/opinion/buffett-a-minimum-tax-for-the-wealthy.html?_r=0
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A Minimum Tax on the Wealthy
A Minimum Tax on the Wealthy
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