8 (Out of 400) Billionaires Say Yes to Higher Taxes

Most just ignored the question from Salon
By Dustin Lushing,  Newser Staff
Posted Oct 15, 2011 7:48 AM CDT
Mark Cuban, owner of the Dallas Mavericks: He's in the 'yes, but' category.   (AP Photo/Bebeto Matthews)
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(Newser) Salon sent queries to every single billionaire on the Forbes 400 asking whether they would be willing to pay more taxes. The results: Eight said yes (including Buffett), one said no (Charles Koch), and a few offered qualified answers somewhere in between. The other 390 or so—including Oprah, Mayor Bloomberg, and Steven Spielberg—didn't answer. Samples from those who did respond:

  • Mark Cuban: "I have absolutely no problem paying more taxes. None. What I have a problem with is how the money is spent. If the incremental money could be directed to defined and deserved recipients, I would be thrilled to write the check."
  • George Soros: "The rich hurt their own long term interests by their opposition to paying more taxes."
  • Supermarket CEO John Catsimatidis: "All Americans should feel the pain equally; not be prejudiced only against a certain group."
  • Charles Koch: "I believe my business and non-profit investments are much more beneficial to societal well-being than sending more money to Washington."
Read the full report here. (Read more billionaires stories.)

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