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Buffett paid almost seven million dollars in federal taxes in 2011, that's a huge absolute amount for a single individual and whatever the rate that is for him,
by Torgo 10y ago
Buffett paid almost seven million dollars in federal taxes in 2011, that's a huge absolute amount for a single individual and whatever the rate that is for him, I'm finding it really hard to frame him as a moocher compared to almost half the country paying literally 0%.
- dallbee 10y agoAnother thing that hasn't been mentioned is age & school status. From 18-23 I worked part time and never had to pay taxes. I was part of that group who zeroed out, and now I contribute $20,000 per year (proudly, I might add). Am I a moocher?
- Torgo 10y agoYou make a good point. 45% of the country are probably part time workers aged 18-23, who soon will become more valuable contributors to the economy than Warren Buffett.