Buffet: It's Time To Tax The Ultra-Rich

Warren Buffet, investor extraordinaire and current CEO of Berkshire Hathaway, recently sat down with CNN's Poppy Harlow to talk the Great Recession and the recovery of the U.S. economy. With deficits ballooning, Buffet offers a interesting solution: raise taxes on the super-rich, even himself. With more money in the coffers from the greatest capitalist success stories, the country could better afford a tax break for the middle class.

Warren Buffet, investor extraordinaire and current CEO of Berkshire Hathaway, recently sat down with CNN's Poppy Harlow to talk the Great Recession and the recovery of the U.S. economy. With deficits ballooning, Buffet offers a interesting solution: raise taxes on the super-rich, even himself. With more money in the coffers from the greatest capitalist success stories, the country could better afford a tax break for the middle class. Interestingly enough, Buffet claims his tax rate is lower than anyone else in his company, regardless of how much money he actually makes.

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