03.12.2010 – Friday’s Show
Warren Buffett, the world’s 3rd richest person according to Forbes magazine, received a 6% salary increase from his company, Berkshire Hathaway.
He now receives about $520,000 in salary and benefits. Most of his wealth comes from his investment in BH stock and other companies.
Buffett, who has often complained that the tax code here in the US isn’t fair and high-wealth individuals like himself should be taxed more, might just get his wish. Bantering around the healthcare debate is a proposal to tax interest, dividends, royalties, etc. another 2.9% to match the Medicare tax W-2 employees currently pay (1.45% by the employee and 1.45% by the employer).
Mr. Buffett, is your man Obama finally starting to see the light?
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