Warren Buffett Is Wrong About Taxes

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Dec. 4 (Bloomberg) -- The U.S. is holding a debate that iscritical to its future: whether to tax, redistribute and consumeincome that would otherwise be invested.

Warren Buffett has weighed in, supporting higher taxes onwealthy taxpayers. Unfortunately, the evidence he uses to makehis case is superficial and flawed. One can’t help but wonder:If he had stronger evidence, why wouldn’t he use it?