"A: Pete has put his money where his mouth is. If the necessary reforms are adapted to address this problem, Pete will certainly see his own taxes raised. A pro

"A: Pete has put his money where his mouth is. If the necessary reforms are adapted to address this problem, Pete will certainly see his own taxes raised. A proponent of fiscal discipline for decades and co-founder of the nonpartisan Concord Coalition in 1992, he believes the wealthy should pay higher taxes and forego government-subsidized benefits they don't need." From what I've seen, the self-made billionaires don't mind the extra tax. Buffet doesn't, Gates doesn't. It's the millionaires, those still trying to put together their nest egg, they are the ones who are worried about taxes.