A Good Response to Buffett

Billionaire investor Warren Buffett made news last week penning a couple op-ed pieces calling for higher taxes on the wealthy. Today brings an well reasoned response from a former industry titan that likely has paid a handsome sum of taxes over the years. The personal pronoun "my" in the article heading is key- he created the income and it belongs to him first and the government claim for taxes flows from that. This is opposite of the common parlance where the government assumes all resources start out in their pocket .