Liberals hear that Warren Buffett pays less in taxes than his secretary and say, “That ridiculous, he needs to pay more.”
Conservatives hear that Warren Buffett pays less in taxes than his secretary and say, “That ridiculous, the secretary needs to pay less.”
This conservative says both should pay less unless they choose to pay more or better yet, give to worthy charities.
True even if it is bullsh*t. Most of Buffett’s income is likely capital gains, which is taxed seperately from “regular” income - and SHOULD BE.
Conservatives hear that Warren Buffett pays less in taxes than his secretary and say, That ridiculous, the secretary needs to pay less.
I hear it and I say Buffett's lying, his secretary never paid 30%. Larry explains further here.