Buffett Renews Attack on Health Bill as ‘Relief for Rich Act’
- He tells PBS that House version would have cut his taxes
- Buffett: I have friends who would save more than $10 million
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Billionaire investor Warren Buffett renewed his attack on the Republican effort to overhaul the U.S. health-care system, saying that it would be a handout to wealthy people like him.
In an interview with PBS NewsHour that aired Tuesday, Buffett said that the version of the legislation passed by the House of Representatives would have cut his most-recent tax bill more than 17 percent, or $679,999. The biggest beneficiaries would be couples with annual income of more than a quarter-million dollars, he said in an interview taped last week.