Originally Posted by JesseD

There are some that don't. And yes there are ways that people take advantage of the system. But I know a lot of rich people and I don't know anyone that doesn't have an effective tax rate that is close to 30%. Buffet is in a completely different situation where so much of his income is at the dividend rate of 15% and not at the ordinary income tax rate. But, I would say the benefit of the low dividend rate has far outweighed the cost.