http://news.yahoo.com/stop-coddling-super-rich-buffett-084140678.html He may be a billionire willing to pay more taxes.  He may also want every other billionaire to pay more taxes.  But by his assumption that by taxing the SUPER Rich we can solve the trillions of dollars of deficit, he forgets to tell you one very important factor.  The tax code does not single out JUST the super rich.  It is an across the spectrum system.  Therefore, when a deduction is removed for the so called super rich, it is removed for everybody all the way down the line.  And when new taxes are imposed on the so-called super rich, they are imposed on everybody down the line.  A person like Buffet has to be living in the heady clouds of eighty year old super billionaires to imagine that the Federal government is merely going to target the super rich.  Instead, the will use the so-called super rich as a cover up to reach into the pockets of every working American in order to fund their derelict spending.  If Buffet and his ilk want to, let them send a check to the IRS as a donation to the cause.  But why does he insist that a person making three hundred thousand, (note that his taxes were almost seven BILLION) – why does he insist that a person making three or even five hundred thousand must pay up and pay more?  You know it is nice when your neighbor says that it is YOU who should pay more.  It is really easy for the other guy to point to the fellow next to him and say, “He should pay more.”  My dad, who made about two hundred fifty a week maximum, and was forced out of business at age 56 without a pension or health insurance, always was very suspicious of people like Buffet who tell the government to tax more.  He told me that the super rich indeed would only pay one of two percent more and that it would not hurt them at all, but, dad would say, the Feds will also trickle down that tax until I too am paying more and the effect will be that the super rich lose a percent but I lose fifty dollars and that fifty dollars is a lot more valuable to me than the percent is to them.  He would say, “Hey, friend, keep your hand out of my pocket.”