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Old 09-28-2015, 08:38 PM  
baddog
So Fucking Banned
 
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Join Date: Apr 2001
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Quote:
Originally Posted by Rochard View Post
No, they don't. This is why Warren Buffet pays less in taxes than his secretary. They might be taxed at a higher rate, but they have more loopholes. You see, his secretary makes $x per year and has a certain percentage of taxes taken out. But Warren Buffet pays for her company car, and writes that off as an expense. Same thing with his limo and his limo driver. When your car breaks down you pay to fix it. When Warren Buffet's secretary's car breaks down, it's a business expense he'll write off.
Warren Buffet does not pay less than his secretary.
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