Warren Buffett: rich Americans are 'definitely undertaxed'

clock • 2 min read

Warren Buffett, the billionnaire investor and chairman of Berkshire Hathaway, said on Monday that wealthy Americans are not paying sufficient levels of tax. "The wealthy are definitely undertaxed relative to the general population," Buffett told CNBC earlier today.  "As we get more specialized, the rich will get richer. The question is: ‘How do you take care of a guy who is a wonderful citizen whose father died in Normandy and just doesn't have market skills?' I think the income tax credit is the best way to address that." "That probably means more taxes for guys like me, and I'm f...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.