Billionare Warren Buffett talks about estate taxes and advocates for poor Americans. 2007.

This shit is old and still true

From YT description; In this compelling speech before Congress, Warren Buffett delivers a strong argument for a fair tax system, calling out the growing wealth gap and the dangers of eliminating the estate tax. He warns against a society where dynastic wealth replaces meritocracy, emphasizing the need for a progressive estate tax to prevent America from turning into a plutocracy. Buffett also proposes an alternative: using estate tax revenue to support low-income households, ensuring fairness in a system that disproportionately benefits the ultra-wealthy.

Key takeaways include: ✅ Why removing the estate tax would widen economic inequality ✅ How the wealth gap has skyrocketed over the last 20 years ✅ The real impact of tax law changes on the super-rich ✅ Buffett’s proposal to support low-income families instead of eliminating the estate tax ✅ The moral and economic argument for tax fairness

This is a must-watch for anyone interested in economic policy, wealth distribution, and tax fairness. Learn directly from Warren Buffett’s insightful perspective on how to create a more just and balanced economy.