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A comment on Billionaires Build. Parent comment

Re:Billionaires Build by criddell on Friday December 04, 2020 @06:26PM (#25309689)
> No, he does not.

A quick googling suggest that he pays a lower tax rate than his secretary.

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Re:Billionaires Build by BurningFrog on Friday December 04, 2020 @08:03PM (#25310550)
Which is a very different claim.
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Re:Billionaires Build by criddell on Saturday December 05, 2020 @11:38AM (#25315793)
It still feels equally outrageous to me.
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Re:Billionaires Build by rufus_foreman on Saturday December 05, 2020 @01:51PM (#25317170)
OK let me get this straight:

Scenario one: Warren Buffet's secretary (making up some numbers here) makes $50K a year, twice the average salary for a secretary, and pays around 8K income tax, for an effective tax rate of 16%, And Warren Buffet pays $7000 in taxes.

Scenario two: Warren Buffet's secretary (making up some numbers here) makes $50K a year, twice the average salary for a secretary, and pays around 8K income tax, for an effective tax rate of 16%, And Warren Buffet pays $1,850,000 in taxes.

Those two are equally outrageous to you?

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