The Great 8: Billionaires who will pay more – Patriotic Billionaire Challenge – Salon.com

10 Oct

Aka Cheapskates Rise to the Top

Salon queried the Forbes 400 richest on whether they’d be willing to pay more taxes. The vast majority ducked the question. I’m betting that most of them think they deserve what they earn. After all, did they not work hard? Yes, they did. But . . . well, more on that later.

Of 400 billionaires, only eight (including Buffet) say they are willing to pay more. Three others indicated opposition; one said maybe.

But most declined to comment at all. Oprah Winfrey, who endorsed Obama in 2008, did not respond. Nor did liberal media mogul Ted Turner. Prominent Democratic Party donors from Hollywood such as Steven Spielberg, David Geffen and Barry Diller did not express a view. Philanthropists Bill Gates and Michael Bloomberg — whom we queried repeatedly — refused to comment on Buffett’s argument, even as it became a central part of Washington’s political conversation.

On Sept. 19, President Obama rolled out his jobs plan, calling for individuals making more than $250,000 to pay higher taxes for the sake of paying pay down the deficit and funding the president’s jobs plan.

via The Great 8: Billionaires who will pay more – Patriotic Billionaire Challenge – Salon.com.

One Response to “The Great 8: Billionaires who will pay more – Patriotic Billionaire Challenge – Salon.com”

  1. Didier November 26, 2011 at 2:17 pm #

    That is why I love Warren Buffet he is always listening, paying attention, and saying all of the right things, which is one of the reasons why he is royalty. Besides the fact that Warren Buffet is the wealthiest individual on planet earth he has a heart, and he understands the pain of others who have nothing. Out of all of the rich people on earth Warren Buffet is my number one only favorite person, He is the one you want to follow and take advice from forget all of the others listen to Warren Buffet he is KING.

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