Warren Buffett stands up for the Banksters

[babylonsister]

4. Think Progress: "Buffett is absolutely right..."

http://thinkprogress.org/economy/2012/02/27/432749/buffett-corporate-tax-myth/

snip//

Buffett is absolutely right to note that while corporate profits are at a record high, corporate taxes are at a nearly half-century low. When looking at the rate that corporations actually pay (as opposed to the statutory rate that only exists on paper), the U.S. has the second-lowest corporate tax rate in the developed world, and raises far less than other nations in corporate tax revenue.