The Rich Pay Too Little in Taxes, Unless They Pay Too Much

by GreenPanda

in News

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“It is about taxing the rich, and begins by explaining why Warren Buffett can afford to always complain that he pays a lower tax rate than his secretary: most of Buffett’s income is derived from dividends and capital gains, which are taxed at only a 15% Federal rate, as opposed to a Federal rate more than twice that for ordinary income, bonuses, etc.”

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From www.freakonomics.com

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