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Buffett says US rich should pay higher taxes

by Paul Hodges Last year, Warren Buffett paid only $7m taxes, just 17.4% of his income. Now he says rich Americans, including himself, should pay more, in order to help reduce US debt. He notes that: • In 1992, the wealthiest 400 Americans paid 29.2% tax on $16.9bn income • In 2008, they paid just […]

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