Federal Employee News

Monday, August 15, 2011

Even Warren Buffett realizes tax inequity

Article Title: Stop Coddling the Super-Rich By WARREN E. BUFFETT

Snippet of Article: "...while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. ..."

Source: www.nytimes.com