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Warren Buffett Tells ABC Trickle Down Theory Hasn't Worked and Rich People Should Pay Higher Taxes

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Sheila Samples

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Billionaire Warren Buffett said that rich people should pay more in taxes and that Bush-era tax cuts for top earners should be allowed to expire at the end of December. "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."

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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