Why Does Billionaire Warren Buffett Pay a Lower Tax Rate Than His Secretary?

Why Does Billionaire Warren Buffett Pay a Lower Tax Rate Than His Secretary?

Through the years, famed investor and billionaire Warren Buffett has criticized the tax system and made it clear that he feels that the wealthy should be paying more. In a famous interview, Buffett expressed frustration with the fact that he actually pays a lower tax rate on his income than his secretary. In a 2007 interview, Buffett explained that he took a survey of his employees and compared their tax rates to his.