Buffett’s guilt about paying low taxes may be misplaced

Warren Buffett, the world’s most celebrated investor, feels guilty that he is not paying enough taxes. In an article in The New York Times, he mused aloud about the iniquity of being allowed to get away with paying only 17.4 percent of his taxable income to Uncle Sam, when his non-billionaire colleagues paid more. His advice to President Obama is to stop coddling the super-rich.

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