"The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on."

81 likes

Source: Warren Buffett: Read My Lips, Raise My Taxes. This Week with Christiane Amanpour, abcnews.go.com. November 21, 2010.

About the author

Warren Buffett

Investor, Businessman

Warren Buffett is a renowned investor and philanthropist known for his value investing philosophy and leadership at Berkshire Hathaway.

All quotes by Warren Buffett →

Same author

More quotes by Warren Buffett

See all →
Warren Buffett Investor, Businessman

"Look for 3 things in a person. Intelligence, Energy, & Integrity. If they don't have the last one, don't even bother with the first two."

Read quote
Warren Buffett Investor, Businessman

"Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant."

Read quote