digital emunction | a multiauthor blog founded and edited by robert p. baird

Sagacity

Warren Buffett. Photo by Jason Reed.
Photo by Jason Reed.

From Warren Buffett’s tes­ti­mony before the Senate Finance Com­mit­tee yesterday:

A mean­ing­ful estate tax is needed to pre­vent our democ­racy from becom­ing a dynas­tic plutocracy.

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