"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it"
- Warren Buffett
About this Quote
Warren Buffett is suggesting that taxes need to be cut for lower and middle class people, and possibly even the upper middle class. He thinks that individuals in the higher income brackets, such as himself, must be paying more in taxes. He acknowledges that people in the greater earnings brackets have it much better than ever in the past, which they should be contributing more to society through taxes. This quote shows Buffett's belief that the rich should be paying their reasonable share in taxes, which the lower and middle classes must be given a break. He thinks that the rich should be contributing more to society, which the lower and middle classes must be given a break. This quote shows Buffett's belief that the wealthy must be paying their reasonable share in taxes, which the lower and middle classes ought to be offered a break.