Taxation is a sensitive topic (so is tax tutoring – if we may add a little). It’s not often that you hear someone say ‘tax me some more’! And it’s not often that you come across someone who thinks honestly. Warren Buffett is truly someone who thinks honestly. Be it disputing finance theory or saying ‘tax me some more’!

Here is an excellent article by Warren Buffett in which he says that he is paying far less taxes (as a percentage of his income) than most people and that the rich should and can afford to pay more taxes. This has been his position for sometime now but this is the first time I’m seeing it documented with facts in a newspaper.

Critics may say that Warren Buffett is over simplifying taxation. US taxation is a complex legislation and applying it to over 300 million people uniformly is not easy. However, Warren Buffett’s main point is that the rich are paying less taxes (as a percentage of income) than most people including the poor. The rich should and can afford to pay more taxes. And this can be changed by removing the benefits given to the rich (including lower taxes on capital gains) without hurting the economy.

We need more people like Warren Buffett!

PS: Please give us 5 minutes to expand on this topic, if you are doing tax tutoring with us

As MBA tutors, we get to work with MBA students around the country. The business writing skills of a few MBA students are a concern for us. With texting becoming widely prevalent, classic writing skills are being significantly compromised. Spellings, grammar, structure, et al are severely compromised.

This NYT article highlights this issue in the US.  I recently read about a group of UK educators who considered removing the requirement for correct spelling in exams as the number of British students failing exams had increased dramatically!

I believe that we are only seeing the tip of the iceberg as most of our students are in their thirties and above. We will only see the impact when today’s teenagers reach graduate school.  A decade from now, I believe that business writing will become a foundation course in the MBA program.

The NYT article above takes a lenient view on spellings. I personally would like to maintain the good old classic writing skills and will encourage students to use good business writing. While we do not have any specialist business writing tutors, our finance tutors, accounting tutors and economics tutors can tutor you on business writing and help you develop business writing skills.

The survivors of the devastating earthquake in Haiti need our immediate help. These first 48 hours determines how many lives we can save.

Together, we can help communities get back on their feet.  The Clinton Foundation lists several places you can donate.  You can also text “HAITI” to “20222″ and $10 will automatically be donated and charged to your cell phone.

Another way to help in this time of need is to spread the word.  Please post a message on your Facebook, Linkedin and MySpace pages and other networks you influence.  Blog it, tweet it, talk it and walk it! It will go a long way toward mobilizing people.

As MBA students, you are in the midst of a dynamic community. If there is a drive to support the relief efforts support it, if there is none become a leader and START ONE asap!