Forbes U.S. Millionaires: The Year The Rich Got Richer (Except For Warren Buffett)
As unemployment in the United States remained stubbornly over 9 per cent, the rich got richer - except of course for Warren Buffett who lost $6-billion, according to Forbes List of 400 Richest Americans.
The list comes at a time when U.S. President Barack Obama has been fighting to slap a higher tax bill on American millionaires, but Congress says that higher taxes will dissuade millionare ‘job creators’ from hiring people. It is also important to note that since 1995 taxes on people in the highest tax bracket has fallen… and so has employment levels, which runs counter to the Republican argument. . READ MORE HERE
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