Warren Buffet: tax hike on rich would “raise the morale of the middle class”. Doubtful. Their unemployment rate, though… #tcot
— Fred Thompson (@fredthompson) December 3, 2012
Here’s the full quote from Real Clear Politics:
MATT LAUER, TODAY: So bottom line, would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?
WARREN BUFFETT: No, and I think would have a great effect in terms of the morale of the middle class, who have seen themselves paying high payroll taxes, income taxes. And then they watch guys like me end up paying a rate that’s below that, you know, paid by the people in my office.