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Why I Like Him — Why Now?
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Why I Like Him

The new Forbes list is out and Warren Buffet is #1, the richest guy in the world.

More on his feelings about taxes:

In October, Buffett issued a challenge to members of the Forbes 400 richest Americans list, saying he would donate $1 million to charity if the collective group (or a significant number of them) would admit they pay less taxes, as a percentage of income, than their secretaries.

Days after issuing the challenge, Buffett appeared before Congress to encourage it to keep the estate tax. Armed with a few Forbes 400 issues, he told the hearing that “dynastic wealth, the enemy of a meritocracy, is on the rise.”

Buffet believes that people and businesses need to earn their money, not simply accumulate it over time.

2 comments

1 fallenmonk { 03.06.08 at 10:37 am }

Not only is he the richest person in the world another reason to like him is that he thinks the Shrub is a dick head.

2 Bryan { 03.06.08 at 11:57 am }

All along the way he earned his money, and he is a true capitalist, not a corporate pretender.