Buffet Pays 17.7% Tax Rate; Employees Pay 32.9%

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Buffet Pays 17.7% Tax Rate; Employees Pay 32.9%

Post by T on Sat Apr 18, 2009 11:49 am

Warren Buffet Pays 17.7% Tax Rate; His Employees Pay 32.9%

Warren Buffet complained that he paid a 17.7% tax rate on his $46 million of taxable income in 2006, while his employees paid an average 32.9% tax rate (his receptionist's tax rate was 30%).

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