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Originally Posted by The12thMan
Did you watch the video? Did you not know that about 36% of the people claiming capital gains make under 50K? Knowing how to make money doesn't mean they know about taxes and consequences. They pay people to know those things for them.
BTW, Buffett is lying when he says his secretary pays 32% in federal income tax on an income of 60K. Even if she is single with no deductions, the most she paid was 19%.
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Exactly!! Buffett was lying. And yet---NO reporter called on him to PROVE his claim. Another gripe of mine----reporters who let people who make such outlandish claims off the hook by NOT challenging them.
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