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Re: jbog post# 117194

Tuesday, 03/29/2011 4:26:23 PM

Tuesday, March 29, 2011 4:26:23 PM

Post# of 257259
<<She pays a higher percentage of her salary, but she doesn't pay a higher tax rate. (Fica is her disadvantage because it stops a little over $100k)>>

Karl Marx would point out that she pays a higher rate on the wages the capitalists pay for exploiting her labor than the capitalists pay when the trade pieces of paper (i.e., long-term capital gains). I'm not sure Warren Buffet even takes a salary from Berkshire.

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