Tuesday, May 20, 2003

Warren speaks

Just because you're rich doesn't mean you're greedy. Warren Buffett seems to be the embodiment of this. Consider his recent statements about the tax plan being foisted on the American people by the Bush Admin.

When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a "break" requires -- now or down the line -- that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party.

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