Saw this on Forbes:
Not sure how accurate the author’s numbers are. I’m fairly certain that those who are using tax rates for effect, are probably including payroll taxes. If that’s the case, his numbers are off.
One thing I find amusing about Buffett and his tax situation is that he’s the boss and he COULD pay himself a much larger salary and pay the income taxes on it accordingly. He doesn’t do that, though. Oh, and if he really did desire to pay more taxes, he could always write the IRS a check. My respect for Warren has soured over the last few years.