Warren Buffett, the darling of Statist Democrats paid less taxes than his secretary.
Kaiser8408a: Warren Buffett, the darling of Statist Democrats paid less taxes than his secretary.
Not less taxes, less tax rate.
Actually, I believe he said he paid at a lower rate than his secretary, because his income was all capital gains. (A statement that likely wasn’t even true.) He didn’t think that capital gains should be taxed at a lower rate than the highest marginal rate.
Whatever.
Who lowered capital gains taxes and set off a boom in the economy? Newt Gingrich pushed through the cuts signed by Bill Clinton.