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andrewlyesterday at 7:38 PM2 repliesview on HN

Buffett worked, at least informally, with the Obama administration on some financial policy issues. And he is a proponent of greater taxes on the very rich. Here's one short video (2:46) in which he talks about it:

https://www.youtube.com/watch?v=VJzTsTU1xL8


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buckle8017yesterday at 8:08 PM

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photochemsynyesterday at 8:18 PM

If the US government really wanted to bring back industrial manufacturing, tax policy is one obvious route - eg a 2/3 tax on billionaire and corporate wealth, such as on the huge pile of cash Buffet-Berkshire is sitting on, but then offer a way out - invest that cash in domestic manufacturing and R & D and it won't be taxed.

This could motivate the private sector to go back to the Bell Labs model, too.

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