Month: August 2011

Warren Buffett on Tax Reform

In the Aug. 14 New York Times, Warren Buffett makes the argument against "coddling the rich." He writes, "OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched." Read the rest of his insightful op-ed here:…

Michele Bachmann and One of Her Tax Reform Ideas

In a Forbes article, Howard Gleckman provides an analysis of what would happen to taxpayers and taxes if one of Michele Bachmann's ideas for tax reform were implemented. This is especially interesting if one remembers how energetically many Tea Partiers rail against the way that the people who earn the lowest incomes frequently do not pay much, or any, income tax. "In a revealing…