"... Washington legislators 'feel compelled to protect us, much as if we were spotted owls or some other endangered species....We agree with that. However, we disagree with Buffett's statement that taxes for the other 99.7% of the taxpayers should remain unchanged.
People invest to make money, and potential taxes have never scared them off' [Buffett said]."
Income taxes in the United States are not high enough to finance America's world leadership expectations, its present military-industrial complex or to produce a healthy, well educated citizenry. Something has to give. Either America decides to become a 3rd-world country or its citizens will have to pay more taxes.