Warren Buffett is a genius investor but an economic ignoramus. He has been paraded around by statists in government for his willingness to be taxed more.
This is a excellent article on why Warren Buffett should stop acting like a guilt ridden billionaire who wants the government to raise taxes on everyone. It explains in very clear terms why Marx’s exploitation theory is complete wrong and why capitalism has improved all individuals standards of living.
http://mises.org/daily/6134/An-Open-Letter-to-Warren-Buffett
Be seeing you!
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