So there you have it. Buffett has a tax rate of 17.7% (without even trying to use any loopholes), while his secretary was taxed at 30%. How is that fair?
The wages slaves are generally taxed at a reasonable progressive rate. It’s those guys that make most of their money off of capital gains that are making a killing with their low tax rate.
So now you’re shifting the argument to capital gain instead? Like FLU said, that’s the way the system work for a very long time. Either find way to succeed with the system or find another system that’ll make you more happy. With what you post, Socialism or Communism might fit you very well. There will be no rich or poor, since everyone is either about the same (in socialism) or everyone is the same (in communism).
