In his State of the Union address, President Obama spoke of Warren Buffett, using him as an example of why there should be higher taxes on the super-rich.
Warren Buffett is a billionaire, and one of the world’s wealthiest men. He has recently attracted attention by saying that he pays less tax than his secretary. He wrote an op-ed arguing for higher taxes on the wealthy, like him.
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Buffett’s secretary, Debbie Bosanek, was present in the First Lady’s Box at the State of the Union address. According to the White House website, she has worked for Buffett’s company, Berkshire Hathaway, for 37 years. She lives in Bellevue, Nebraska.
Obama agreed with Buffett’s argument in his speech, saying that millionaires should pay at least the same tax rate as their secretaries.
“If you make more than a million dollars a year, you should not pay less than 30 per cent in taxes,” he said.
“That’s just common sense.”
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