Location: land of the Lilliputians, In the state of insanity
Posts: 24,185
Poor Buffets seceratary. Why doesnt Obama want to tax her more?
Poor women meets Obama's definition of rich, so why isnt he insisting that she pays even more in taxes? She earned up to a half a million dollars last year and just bought a second home.
The problem with that analysis is that it ignores Buffett's initial premise. He wasn't talking ONLY about income tax. His reference was to income tax AND payroll tax. Thus, his secretary is already at 15.3% before she's even paid a dime of income tax... Given Buffett's reported rate of 17.4%, she's not going to have to make between $200,000 and $500,000 in order to get to 2.2% income tax.
Buffett has stated that he pays her $60,000 per year:
It still appears to me to be based on a faulty premise (i.e. that Buffett was talking only about "income tax" when his comment specifically referred to "income tax AND payroll tax"), and contradicts what Buffett said he pays her (he says he pays her $60,000 per year).
It still appears to me to be based on a faulty premise (i.e. that Buffett was talking only about "income tax" when his comment specifically referred to "income tax AND payroll tax"), and contradicts what Buffett said he pays her (he says he pays her $60,000 per year).
I'm calling BS on his reported claim of what he is paying her. All the more reason both tax returns need to be released before anymore discussions are done on this topic.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
I'm calling BS on his reported claim of what he is paying her. All the more reason both tax returns need to be released before anymore discussions are done on this topic.
Why? $60,000 is consistent with pay scales for executive secretaries to CEO's. Tulsa, OK median salary is currently $63,000. And, he made the comment about her salary being $60,000 in 2007.
And, again... He's not talking about just income tax. He's referencing both income and payroll tax...
Why? $60,000 is consistent with pay scales for executive secretaries to CEO's. Tulsa, OK median salary is currently $63,000. And, he made the comment about her salary being $60,000 in 2007.
And, again... He's not talking about just income tax. He's referencing both income and payroll tax...
I call BS because executive secs bring in over 100k. I've known many.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Poor Buffets seceratary. Why doesnt Obama want to tax her more?
