Friday, April 29, 2016

Buffett Supports Higher Taxes Without Support of Public #Taxation

Giving back to humanity, the removal of I from our vocabulary, awakens us all to a higher level of spirituality and consciousness. Applying this philosophy of giving through taxation assumes that the money collected is not used against humanity or squander by corruption of those collecting it. The public, a huge proponent of humanity, senses the latter; the unexpected rise of Trump and Sanders supports it. Buffett might be rich, but it's clear a growing number of Americans see his comments as disconnected rhetoric.

Headline: Warren Buffett has a simple explanation for why rich Americans should pay higher taxes

Warren Buffett is the third richest person in the world, according to the 2016 Forbes list. And he has been an outspoken campaigner of returning his wealth.

In 2010, he formally announced 'The Giving Pledge' with Bill Gates aimed at inspiring the wealthy people of the world to give the majority of their net worth to philanthropy, either during their lifetime or upon death.

Buffett defended his support of lower-income populations within a capitalist framework.



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