CERF Blog

Last September, I proposed (“The Warren Buffett Tax”) that the most effective way to extract a lot of tax revenues from Warren Buffett would be to impose a wealth tax.  My tongue-in-cheek proposal was this:  Tally up your assets and liabilities, calculate the difference (net worth) and then pay a tax of 20% on net… Read more

In a widely read NYT editorial, famous investor Warren Buffett has proposed tax increases for the rich, like himself.  Although one of the richest men in the world, Mr. Buffett claims that he pays a lower tax rate than the secretaries in his office.  That seems really strange.  The data put forth by Warren are… Read more