Buffett Charges Bush Tax Cuts Favor Wealthy
From Times Wire Reports
Billionaire investor Warren E. Buffett accused the Bush administration of pursuing tax cuts that favor corporations and wealthy individuals. “If class warfare is being waged in America, my class is clearly winning,” Buffett said in the report of his Omaha-based Berkshire Hathaway Inc.
He said many large corporations pay less than the federal tax rate of 35%.