Monday, May 04, 2009

Warren Buffett: We're Going to Need More Taxes Down the Road

The country can take higher tax rates, he said. It's who gets socked and when. Judd Gregg asks about the debt. Buffett says at some point you have to have tax revenue closer to expenditures and you can get that two ways and both are unpleasant. Buffett says he's watching housing starts most of all. He says he's spoken with Obama once since he's been in office.
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