[campaignPete R-CT]

i am under the impression Buffett and others opted out of Medicare ... never signed up. self-insured.

His earnings are unrealized capital gains. Tax rate is 0%.

so raising rates doesn’t raise his taxes.

[ridesthemiles]

As a life- long bookkeeper, I have never heard of the ‘opt-out’ connection to Medicare.

please explao\in how this works, Thanks

[mountn man]

The companies he owns pay taxes BEFORE dividends.

IF stock is sold, capital gains are realized and taxed.