Warren Buffett: Paying Income Tax

Posted by admin on Saturday, November 12, 2022

Meaning of Warren Buffett Money Quote: saying those paying taxes are not taxed on capital gains, dividends. Warren Buffett said:
 
paying the income tax, but the payroll tax is the receipts of the federal governmen on capital gains on dividends Quote
 

“We’re paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don’t take that from me on capital gains. They don’t take that from me on dividends” — Warren Buffett

 

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