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The Nation | IN BRIEF / NEBRASKA

Buffett Charges Bush Tax Cuts Favor Wealthy

March 07, 2004|From Times Wire Reports

Billionaire investor Warren E. Buffett accused the Bush administration of pursuing tax cuts that favor corporations and wealthy individuals. "If class warfare is being waged in America, my class is clearly winning," Buffett said in the report of his Omaha-based Berkshire Hathaway Inc.

He said many large corporations pay less than the federal tax rate of 35%.

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