blog.noetech.com

Taxes

Rich Klau is pointing out a good article by Warren Buffet about the tax breaks passed by the Senate last week.

His point can be summed up with this quote:

Putting $1,000 in the pockets of 310,000 families with urgent needs is going to provide far more stimulus to the economy than putting the same $310 million in my pockets.

I have no problems paying taxes when the burden is spread fairly. Tax breaks like this hurt the most vulnerable and help the least.