Quote:
Originally Posted by ateamstupid
"Buffett noted that his federal tax bill, including payroll taxes, came out to just 17.4 percent of his taxable income last year, a lower percentage than anyone else in his office."
Has Buffett just gamed the system? I'd like to know, because I see Republicans shouting all the time about how the rich are already paying a million percent, but it just makes no sense considering our tax revenues.
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too many loopholes. I dont understand why the tea party has such a problem with eliminating loopholes.