Monday, August 15, 2011

Buffett to Congress: Don't 'coddle' me

Hey, check this out from CNN:
Buffett to Congress: Don't 'coddle' me
http://money.cnn.com/2011/08/15/news/economy/buffett_tax_jobs/

"While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks," wrote Buffett, who has mentioned in past interviews that the rich should pay higher taxes.

The philanthropist said that his 2010 federal tax bill, including income and payroll taxes, was $6,938,744.

"That sounds like a lot of money," wrote the Omaha, Neb.-based billionaire. "But what I paid was only 17.4% of my taxable income - and that's actually a lower percentage than was paid by any of the other 20 people in our office."

---Sent from Steve's iPad...

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