Opinion

Something you don’t hear about Buffett

Posted April 12, 2012 1:00 am

President Obama keeps touting his class warfare by reciting that Warren Buffett’s secretary pays more in taxes than Warren himself due to tax loopholes which, of course, he blames on the Republicans.

I am curious why the press is more than happy to keep reporting this fact, but seems to never get around to asking how much Buffett actually pays his secretary. I wonder how the average person would react to the fact that this “secretary’ actually makes between $300,000 and $500,000 per year, according to the latest guesstimates according to IRS tables.

Buffett actually pays himself less than he pays his secretary which is why, even though he is a “billionaire.” he is taxed less than his secretary.

Simple fact but one that will never be heard from Obama’s bully pulpit, or the press.

Steve Gillis

Wheaton

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