Billionaire Warren Buffett on helping the poor: ‘A rich family does not leave people behind’
“For example, the evolving economy ‘doesn’t benefit the steelworker maybe in Ohio,’ Buffett on PBS Newshour in 2017. ‘And that’s the problem that has to be addressed, because when you have something that’s good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.’ On Thursday, Buffett (again) recommended updating the earned income tax credit, which is a tax benefit that helps those who are working but not earning much.”