Tuesday, August 30, 2011

A Different Prophet

Colorado is a place of extraordinary beauty and friendly people. Apparently it is the state whose residents have been deemed most physically fit, thanks to a terrain and climate that encourages activities of all kinds. We have noticed that there is a lot of wealth alongside those who have been hit hard by the prolonged recession. In the city of Boulder there are plenty of beautiful people walking the Pearl St. Mall as well as plenty of beggars on street corners. One guy had a sign saying "Space Ship Needs Parts -- Please Give." Creative.

You may have heard that Warren Buffett, one of America's richest men has been at it again, rattling the cage of others with wealth. I wrote before about his challenge to other billionaires to give there money away. He and Bill Gates are leading the way and others have joined the club.

Now Buffett is saying that the rich don't pay enough tax. In an opinion piece in the New York Times he points out that in his office he has the lowest tax rate, one of the strange and sacrosanct realities of the "rich should get richer" outlook here. Needless to say, Buffett's comments have made him a lightning rod for criticism.

Thank God for his prophetic if unpopular voice -- at least that's my opinion. The prophet Amos in the Old Testament railed against those who go to worship yet "sell the needy for a pair of shoes. People weren't amused by Amos either.

What do you think about Buffett's comments?


IanD said...

I wholeheartedly agree. The resistance to tax increases on the rich (or at all) down there baffles me. Hamilton/Jefferson should never have been taken this far.

lionlamb said...

I'm glad there are individuals such as Buffett making some noise about this.

Thanks Ian!