wrote in message
...
On Feb 23, 9:13 am, wrote:
On Sat, 23 Feb 2008 08:37:48 -0500, JG2U wrote:
Ask Warren Buffet, who I'm guessing knows a bit more than your
ill-equipped CPA wife. His nominal tax rate is the same as his
secretary's because he takes advantage of how the tax code favors the
wealthy.

Utter BS and you know it. Tell Warren to give me a call if you'd like
to back up your statement.

Yup, it's BS. When Buffet complained about the tax structure, his $46
million was taxed at 17.7%, while his secretary's $60,000 was taxed at
30%. Clearly, JPS is wrong. Their tax rates are not the same.

http://tusb.stanford.edu/2007/07/war...lower_tax.html

http://business.timesonline.co.uk/to...ess/money/tax/
article1996735.ece

Buffet's taxes were capital gains tax not income tax.



He didn't pay income tax?