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Re: Letter to the editor 

By: Decomposed in POPE 5 | Recommend this post (1)
Tue, 11 Jun 19 4:49 AM | 55 view(s)
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Msg. 33767 of 62138
(This msg. is a reply to 33763 by ribit)

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ribit:

Re: "..warren buffett pays less "income tax" than his secretary but he pays a helluva lot of capital gains tax."
Yup. I said something along those lines just last month:
Why does Warren Buffett favor higher income taxes? Well, because he doesn't have "ordinary income." He has "capital gains."
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The above is a reply to the following message:
Re: Letter to the editor
By: ribit
in POPE 5
Tue, 11 Jun 19 4:17 AM
Msg. 33763 of 62138

...warren buffett pays less "income tax" than his secretary but he pays a helluva lot of capital gains tax.


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