This discussion is about the tax cuts to begin with and then moves on through areas of healthcare where philanthropy is needed. Warren Buffet brings up payroll taxes which he says if left out when comparisons are done in Washington. He talks about his own taxes with no write offs or anything to speak of and he still had the lowest tax rate, courtesy of the US government.
Bill Gates & Warren Buffett – Call for Philanthropy To Give 50% of Their Fortunes To Help Others With “The Giving Pledge”
Recently in the news they are trying to convey the same ideals and messages to China. Education is the primary focus in the US.
Bill Gates and Warren Buffett Carry the Message of “The Giving Pledge” To China With Discussing Philanthropy And Yielded A Successful Exchange of Ideas From Both Sides
When it comes to healthcare we can sure use the help as well as other areas in the country today due to economic times. Warren Buffet is interesting to listen to that says he benefited from the “ovarian” lottery, born at the right place at the right time. One of my favorite talks by Warren Buffet was one he did about Wall Street and the title says it all, he knows how formulas and algorithms have made millionaires. BD
More on that topic can be found here from September of 2008.
As the debate over the extension of the Bush-era tax cuts heats up in Washington, some of the world's richest men weighed in on the debate over taxes in exclusive interviews on "This Week with Christiane Amanpour."
Warren Buffett, Chairman and CEO of Berkshire Hathaway, said that the rich should be paying more taxes and that the Bush-era tax cuts for the wealthy should be left to expire at the end of December.