Warran Buffett Comes Out Against Current Tax System

Warren Buffett wanted to illustrate how lopsided our tax system is, so to prove his point he compared his tax rate to that of his employees.  He polled his office and 15 out of 18 people participated.  The finding was that his total tax rate including payroll and income tax was 17.7%.  The average for his employees was 32.9%.  The interview is about 5 minutes long and well worth the time.

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One response to “Warran Buffett Comes Out Against Current Tax System

  1. Pingback: The Richest Americans and their Tax Rate | The Blue States

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