"I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it"

Warren Buffett is recommending that the federal government must increase its profits by taxing the rich. He explains that the government is presently just taking in 15 percent of GDP, which is not enough to cover the nation's requirements. He thinks that the rich need to be the ones to pay more taxes in order to help the country. This is a progressive concept, as it would assist to lower the inequality between the rich and the bad. Buffett is promoting for a fairer system of tax, where those with more cash pay more in taxes. This would assist to ensure that the federal government has enough cash to provide vital services to its citizens.