Business, 20.12.2021 01:00 Jenniferlam12

As mentioned in the lecture notes, Investor Warren Buffett claims to pay a lower percentage of his income in taxes than the wage earning secretaries who work for him. This is due mostly to the fact that Buffett makes most of his money from investments in the stock market. What type of tax do you think Buffett pays that would lead to a lower tax rate for Buffett and a higher rate for his secretaries

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As mentioned in the lecture notes, Investor Warren Buffett claims to pay a lower percentage of his i...