08/25/2011 08:49 am ET | Updated Oct 25, 2011

Jonathan Weil: Buffett's 'Shared Sacrifice' Is Only A Start

Whenever the leadership class feels nervous, you can count on some of them to offer the less-moneyed masses a bone to demonstrate they care. Warren Buffett says his idea of “shared sacrifice” is higher taxes on the super-rich. Only for him, this wouldn’t cost much.

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