Warren Buffett is Right!| August 27th, 2012 |
Mayor Gray wants to let wealthy investors pay a lower income tax rate on investments in DC tech firms than a minimum-wage worker pays on her meager earnings. DCFPI disagrees with this upside-down tax idea, and we don’t think it would help DC’s economy, anyway. Instead we side with Warren Buffett, the billionaire investor who has been outspoken nationally against tax cuts that let investors pay lower tax rates than average workers.
Read more about it here.