Tuesday, September 02, 2014

Buffett’s lie about taxes and his secretary

Remember when Buffett claimed his secretary paid a higher tax rate than he did? Here's a breakdown of the figures, and why he "misstated" the facts. "In actuality, his office workers’ relevant 2010 “federal tax rate” was 20.7 percent, not 36.0 percent, while Buffett's was actually 31.12 percent, not 17.4 percent." It's part of a series on Cliches of Progressives.



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