Warren Buffet Backs Estate Tax, Warns of Wealth Gap

by Chris Jones on November 14, 2007 · 0 comments

buffet.thumbnail Warren Buffet Backs Estate Tax, Warns of Wealth Gap

Billionaire Warren Buffett on Wednesday warned of widening U.S. income disparity and endorsed the estate tax as a check on wealth accumulation, while two senior lawmakers said they want the tax repealed.

A check on wealth accumulation? You mean there is now a limit as to how much wealth Americans are allowed to accumulate? I don’t know what kind of socialist crap that is, but it goes against everything this country was founded on. The estate tax is a terrible idea and should be eliminated forever.

Why should the government keep taking money from you even after your dead? What Warren Buffet is endorsing is nothing more than the Socialist doctrine of “redistribution of wealth.”

-Chris Jones

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