Warren Buffet "stop coddling billionaires"

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Warren Buffet "stop coddling billionaires"

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08-15-11, 01:07 PM

kraznyi_oktjabr

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Quote:

Originally Posted by Warren Buffet

I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off.

Nice to hear this from billionaire's mouth!

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