Re: Warren Buffet\'s Stance on Taxes
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crush,
with regards to buffett and the estate tax, i would also vehemently oppose a massive transfer of funds to the government. however, i oppose even more endowing children with more than a few million dollars upon death. the estate tax should be instituted in some way that simply encourages all ultra-high net worth people to donate 90%+ of their money to charity or some other tax-exempt cause -- exactly as buffett did himself.
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Jealousy isn't the right way to go about public policy.
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