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Buffett is right: Raise taxes on the wealthy

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Tue, 16 Aug 11 1:21 PM | 16 view(s)
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Buffett is right: Raise taxes on the wealthy

William G. Gale,
Special to CNN

August 15, 2011 7:17 p.m. EDT

STORY HIGHLIGHTS

Warren Buffett urged raising taxes to pay for spending; William Gale says he's right

He says past major budget agreements have included tax hikes, spending cuts

He says taxes on high-income households needs to rise; those in top 1% can afford it

Gale: Not extending Bush tax cuts would raise revenues and reduce deficit

link-
http://www.cnn.com/2011/OPINION/08/15/gale.taxes.deficit/index.html?hpt=hp_t2




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