Wednesday, June 27, 2007

Warren Buffett: Secretaries paying higher tax rates than super-rich

Quote from CNN piece:

"To emphasize his point, Buffett offered $1 million to the audience member who could show that one of the nation's wealthiest individuals pays a higher tax rate than one of their subordinates.

"I'm willing to bet anyone in this room $1 million that those rates are less than the secretary has to pay," said Buffett."

1 comment:

Anonymous said...

If gives them stock options they just might be...the taxes I pay on my berkshire Hathey investments are killing me...but i'm making money