Con to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
"The idea that American business is at a big disadvantage against the rest of the world because of corporate taxes is baloney in my view. In the 50s and 60s, corporate taxes were 52%, and we were making all kinds of [job] gains."
Rana Foroohar, "Warren Buffett Is on a Radical Track," business.time.com, Jan. 23, 2012
Experts Individuals with PhDs, MBAs, and other post-graduate degrees in economic or finance-related fields, heads of government, members of federal legislative bodies, and individuals with graduate degrees and significant post-graduate involvement in fields relevant to the study of economics. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Trustee, Bill and Melinda Gates Foundation, 2006-present
Chairman and CEO, Berkshire Hathaway, 1970-present
General Partner, Buffett Partnership Ltd., 1956-1969
Securities Analyst, Graham-Newman Corp, 1954-1956
Investment Salesman, Buffett-Falk and Co., 1951-1954