Time for the super-rich to do their part
Sunday, in The New York Times , the super-rich chairman and chief executive of Berkshire Hathaway, Warren Buffet, had an op-ed piece entitled "Stop Coddling the Super-Rich." The point of his piece was that the super-rich in this country have gotten that way because of coddling by the government and favorable tax policies that have allowed them to keep more of their income than the ordinary people who work for a living. He believes this is unfair and that the super-rich should contribute to the country's coffers in proportion to the advantages they hold because of our government policies. The op-ed received a lot of notice and comment. It was reported on in other news outlets around the country including our local Houston Chronicle and the comments there were about what one would expect from the Chronicle's regular commenters. They were along the lines of, "If he wants to pay more taxes, why doesn't he just write a check? Why does he have to impose his v...