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To: Deo volente
New York Times LIES. Buffet's corporation paid around 30% tax rate for the shareholder's income tax. Buffet pays 15% on dividends. He also pays ordinary income tax on $100,000 salary and whatever director's fees which were around $75,000 dollars when I researched it all last summer.

To claim that he pays less in taxes than his secretary(makes about $60,000) he ignores the corporate income tax rate, and inflates his secretary's rate to include the employee and employer's portion of FICA taxes(15%).

Furthermore increasing the income tax rate on incomes over $200,000 or $250,000 doesn't impact Buffet because he doesn't take a salary that large. It is just one big scam.

Every time they raise the taxes on Millionaires, my taxes go up, and I have to borrow money to pay them. I HATE this crap. Wish they'd all be struck mute.

52 posted on 01/25/2012 1:41:55 AM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: greeneyes

If Buffet’s secratary only makes $60k then she needs to move on. The job of sec for someone at that level is worth at least twice her wage. I’m not surprised to hear that he is so cheap with his salary offeeings..


64 posted on 01/25/2012 5:47:33 AM PST by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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