Replies to post #5232 on In Zeev's Honor, Plan the Trade and Trade the Plan

[borusa]

It should be no surprise that Buffet pays less tax than his secretary in a "progressive income tax" system.

"Progressive income tax" is not the root cause for Buffet's Secretary Syndrome.

Buffet's Secretary syndrome is one example of how the wealthy have skewed the rules of the game in their favor. Progressive taxation would go part way to mitigate the problem.

Granted, the complicated tax exemptions written into the law are a big part of the problem. Who do you think were the architects of that, the poor or middle class?

[Newly2b]

Buffet didn't pay less taxes than his secretary in absolute dollar terms, he paid at a lower tax rate but a far higher total amount. His secretary pays a tax rate of 35.8 percent of income, while Buffett pays a rate at 17.4 percent.

Newly