White House Should Stop Coddling Buffett

In a New York Times op-ed on August 14 2011, Berkshire Hathaway chief executive Warren Buffett wrote that the US should â??stop coddling the super-richâ? and called for tax rates to be raised â??immediately on taxable incomes in excess of $1m, including, of course, dividends and capital gainsâ?. The next morning, at a televised â??town hallâ? meeting in Cannon Falls, Minnesota, President Barack Obama praised Mr Buffettâ??s intervention. . .