AP (Associated Press) reports that if you impose the Buffett Tax you would bring in $31 billion in 11 years which is about $2.8 billion a year. However, this country spends $3 billion every 3 days in interest payments alone on the national debt. The math does not make sense here. Ed Butowsky from Chapwood Capital Investment Management discusses the real impact of this tax on his clientele and the stock market.
Ed Butowsky is an internationally recognized expert in the investment wealth management industry. Ed appears live on various new channels such as CNN, Fox News, and Fox Business just to name a few. Click here to check out Ed Butowsky’s Podcasts.