Warren Buffet's Stop Coddling The Super-Rich

In the article “Stop Coddling the Super-Rich” Warren Buffet elucidates to the fact that the super-rich are not being taxed nearly enough as they need or should be. Buffet explains that government leaders have requested, even solicited shared sacrifice; however, they spared the mega rich. (227) He further states that the legislature sheltered the rich as if they are some kind of endangered species. (227) Warren indicates that he would leave rates for 99.7% of taxpayers unchanged, as well as continue the current 2-percentage-point reduction in the employee contribution to their payroll tax. This would help the poor and the middle class, who need every break they can get. (228) Lastly he states that he and his friends have been coddled far too long by a billionaire-friendly …show more content…
It is known that we as a nation give money to other nations who actually dislike us, this should stop. We also pay Social Security too many who don’t deserve it; my example is a cousin who had scoliosis and even after surgery, he sits on his royal… and collects a check while getting high on “legal” marijuana. I am sure he is not the only one. We as a nation are also slow to respond to disasters; that is where the mega rich should jump in and help. Furthermore, the mega-rich should be required to give to charity and contribute to local problems.
In summary, Warren Buffett wants the mega-rich to be taxed more than the poor and middle class. If I had his money I would not want to be taxed more because it is my money and I earned it; however, a flat tax for everyone would be of the greatest good to our nation as a whole. As I said earlier, I would continue donating to various charities and global projects, as well as set up scholarships for those truly in need, not merely based on their grades or how well they write an