A minimum tax for the wealthy

Nov 27 2012, 10:49 IST
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A minimum tax for the wealthy A minimum tax for the wealthy
SummaryIn 1992, the tax paid by the 400 highest incomes in the US averaged 26.4% of adjusted gross income.

realistic and concrete plan for getting back to this fiscally sound path. Nothing less is acceptable. In the meantime, maybe youll run into someone with a terrific investment idea, who wont go forward with it because of the tax he would owe when it succeeds. Send him my way. Let me unburden him.

The author is the chairman & chief executive of Berkshire Hathaway

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