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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (140916)	7/15/2010 4:19:04 PM
From: Paul Smith	Read Replies (1) \| Respond to of 542914

So Buffett tax return shows $100K salary and addl income for dividends and capital gains. It appears that his blended tax rate (assume this is what he is comparing to his executive secretary's rate) is driven by his choice to take a salary that is smaller than he could demand. I think Buffet is a bad example to use since most people do not take a salary lower than they can demand AND since Buffet is giving away so much of his personal wealth to charity (as many rich do via foundations etc.)