FACT CHECK: Are rich taxed less than secretaries?

[Trader666]

Lately he's been spewing lies like diarrhea.

Quote from Lucrum:

No...but I'm not surprised. Lies fall out every time he opens his mouth.

 

[Trader666]

 

[Petsamo]

Quote from Tsing Tao:
When he talks about his 15% income tax, it's because he chooses to pay himself a small salary and take the rest in cap gains.

To get taxed 15% on unearned income, one must get taxed on earned income.

 

[flowingfunds]

10 CEOs on $1 dollar salaries:
http://www.businesspundit.com/10-ceos-on-1-salaries-apart-from-their-millions-in-stock-options/

Tax Avoidance vs. Tax Evasion:
http://en.wikipedia.org/wiki/Tax_avoidance_and_tax_evasion

Simple as that. There are those who know the difference between the rules of the game and one's personal rules.

 

[JamesL]

Quote from pspr:

Obama, as usual, ...

No, Owe-bama. Get it right.

 

[Tsing Tao]

Quote from Petsamo:

To get taxed 15% on unearned income, one must get taxed on earned income.

Exactly my point! But Buffet will only mention the 15% when he refers to his tax bracket.