Jamie Dimon Supports 'Warren Buffett Rule' Of Taxing The Rich, He Says It Will Fix America's Debt Problem — 'I Would Spend The Money That Helps Make It A Better Country'

In an attempt to address the escalating US debt crisis, Jamie Dimon, CEO of JPMorgan Chase, has suggested a possible solution: taxing the wealthy at the same or higher rates than the middle class. During a “PBS News Hour” interview, Dimon expressed his belief that the U.S. could manage its growing debt without resorting to drastic spending cuts. He suggested that it’s possible to reduce the debt while still investing in beneficial initiatives, according to a Business Insider report on Thursday.