Warren Buffett says wealthy Americans are 'definitely undertaxed'
Updated : February 25, 2019 10:24 PM IST
After the Democrats regained control of the House of Representatives in the 2018 midterm elections, some the party's lawmakers have been calling for higher taxes on the wealthy.
They include Alexandria Ocasio-Cortez, a representative from New York City, who has proposed a 70 percent marginal tax on incomes over $10 million to bridge the growing wealth gap between the rich and poor.
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