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Billionaire Warren Buffett Self Appointed Spokesperson Of Families Making $250,000, Yikes

Billionaire Warren Buffett said that rich people should pay more in taxes and that Bush-era tax cuts for top earners should be allowed to expire at the end of December.

“If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further,” Buffett said in an interview with ABC’s “This Week With Christiane Amanpour” that is scheduled to air on Nov. 28. “But I think that people at the high end — people like myself — should be paying a lot more in taxes. We have it better than we’ve ever had it.”

“The rich are always going to say that, you know, just give us more money and we’ll go out and spend more and then it will all trickle down to the rest of you,” Buffett, chief executive officer of Berkshire Hathaway Inc., said in the interview. “But that has not worked the last 10 years, and I hope the American public is catching on.”

House Democratic Leader Steny Hoyer yesterday didn’t rule out backing a temporary extension of the Bush tax cuts for households earning more than $250,000 a year. He said he plans to discuss the matter with Obama.

Families making $250,000 wondering who made him their spokesperson..Buffett has no problems with taxes on personal income, just taxes on his stock Berkshire Hathaway ie Cornhusker Kickback..

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