Millionaires said they support Warren Buffett’s view that the wealthiest should pay more in taxes, as long as it’s other rich Americans, according to a Bloomberg survey released today.
About 71 percent of millionaires surveyed said they agree with Buffett, chairman and chief executive officer of Omaha, Nebraska-based Berkshire Hathaway Inc. that the very wealthy ought to pay more in taxes and give more to charity. That included 49 percent who said that they’re “not in the same league” as Buffett and that higher taxes on the wealthiest shouldn’t apply to them personally, according to the survey released today by PNC Wealth Management, a unit of Pittsburgh- based PNC Financial Services Group Inc., the sixth-largest U.S. bank by deposits.
“When we compare ourselves to somebody else, we always think that they should do more,” said R. Bruce Bickel, senior vice president of PNC Wealth Management. The 555 survey respondents, who each had household investable assets of $1 million or more excluding real estate, may be saying, “‘well I don’t consider myself the ultra-wealthy, when I compare myself to a Buffett,’” he said….
Read more at http://www.businessweek.com/news/2012-01-17/buffett-tax-on-wealthy-backed-by-millionaires-if-they-re-exempt.html
No comments:
Post a Comment