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Overnight Open Thread

1045
avanti3/10/2009 8:13:20 am PDT

re: #1038 opnion

He made a comment during the campaign to the effect that his lowly paid secretary was in a higher tax bracket , than some fat cats.
My reaction was, pay her more.

“Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent. Mr Buffett told his audience, which included John Mack, the chairman of Morgan Stanley, and Alan Patricof, the founder of the US branch of Apax Partners, that US government policy had accentuated a disparity of wealth that hurt the economy by stifling opportunity and motivation. “