Thursday, January 26, 2012
Warren Buffet’s secretary is in the 1%!!!
This from Gadsden Group member Dave A, and as discussed on talk radio in Milwaukee today:
Warren Buffet’s secretary is in the 1%!!! She’s estimated to make $200,000 - $500,000 per year.
http://www.forbes.com/sites/paulroderickgregory/2012/01/25/warren-buffetts-secretary-likely-makes-between-200000-and-500000year/
She also owns a second home in Arizona with a putting green and swimming pool. This was Obama’s poster child for tax inequality as she sat in the box for the State of the Union address on Tuesday.
By the way, tax hypocrite Buffet chooses to pay himself a small salary so most of his income is from dividends and capital gains, taxed at the 15% rate. That’s his choice.
And when he dies the government will confiscate a HUGE chunk of it due to estate taxes (currently 35% of the TOTAL VALUE, not just the income!), unless he deliberately plans to avoid them with loopholes. So how exactly is he undertaxed?