Super-rich should be taxed more, says Buffett

Billionaire Warren Buffett has said he is in favour of a “very progressive tax” system and that the super rich owe a debt to society, according to a Guardian report. 

Speaking yesterday Buffett reportedly said: “They may think they have done it all themselves but society has done an awful lot for them. 

“If you get the chance to live very rich (in this society) you really ought to have a taxation system - and a personal value system - where a lot goes back to the people who got the short straws in life.”   

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