[JustAnotherGuy]

Originally Posted by MarchHare

IIRC, Buffett (and Gates) are in favour of modifying the tax code so the ultra-rich pay more.

Also, how are you concluding that increased taxation on the rich would result in net job losses? It's not like that money would disappear into a black hole -- instead, it would be paid to federal employees and private firms supplying services to the government (e.g. defence contractors like Lockheed Martin).

Yes. Exactly.