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Podcast: Profile
Episode: Warren Buffett
Description: As President Obama announces his deficit reduction plan, which includes the 'Buffett Rule', to increase taxes on America's richest, Profile looks at the billionaire investor Warren Buffett. At 81 years of age, he's one of the richest men in the world closing in on a personal fortune of nearly 40 billion dollars. Recently Buffett decided to do a small tax survey in his Omaha office to find out what proportion of everybody's salary was being taxed. He discovered that he was paying a much lower share of his income in tax than his staff. So he proposed that that...