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To: Nachum; All
Warren Buffett made another splash, saying it's not right, he a billionaire, pays 17 percent in taxes when his secretaries and receptionists pay more. Isn't he right about that?"

I am sooo sick of this one. Hussein also repeats this lie! The reason Warren Buffet pays only 17% is because he takes NO SALARY! He is paying capital gains tax which is lower. So the whole thing is a lie. If he wasnt taking advantage of the tax system he would be paying a higher rate than his secretary. And technically, the money has been already been taxed at the corporate tax rate of 35%. Since capital gains is a form of double taxation. Warren Buffet is a tax dodger, a legal one but a tax dodger the same. He should take a salary like the rest of his people. Problem solved.

27 posted on 08/17/2011 10:58:26 AM PDT by blasater1960 (Deut 30, Psalm 111...the Torah and the Law, is attainable past, present and forever.)
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To: blasater1960

I too am sick of this, and I do not believe it. See my post #31.


32 posted on 08/17/2011 12:22:01 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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