Plus Buffett probably takes his income as dividends and cap. gains and very little salary.
Is he suggesting that dividends and cap gains s/b taxed the same as salaries, which would include using the tax tables plus adding on social security and medicare taxes?
You are correct his annual salary is I believe ~ 500K he recieves his money in dividends. I'm surprized he isn't hit by the AMT.
I remember Buffett using his secretary as an example back when the debate on reducing taxes on dividends was going on. And he was opposed to lowering it for the same reasons. Oh, my rate is less than my secretarys, bla bla bla.
If memory serves me right, Berkshire Hathaway does not pay dividends.