Originally Posted by Mike33

Even though I think Buffet has a good point, the reality is that increasing taxes on the super rich does cause them to invest (or hide their money) overseas rather than domestically. The super rich want to see profit increase every year despite the fact that they have enough money for their kid's grandchildren and their grandchildren for 100s of years.

So I guess cutting taxes for all may just be the best idea, especially since we're still in a recession due to the housing implosion and war - both of which are disastrous for economies.