Income

M. Casey Murdock

Chapter Chapter 3 in Tax Insight, 2013, pp 25-34 from Springer

Abstract: Abstract In 2011 and 2012 there was much discussion in the political arena about the fact that Warren Buffett (one of the wealthiest people in the world) pays taxes at a lower marginal rate than his secretary. “How can a man who is worth billions and earns millions every year have a lower tax rate than his middle-class secretary?” they would say. “What tricks do his accountants and attorneys use to get his taxes so low? What secrets do they know?”

Keywords: Capital Gain; Income Source; Municipal Bond; Unearned Income; Social Security Income (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-4738-8_3

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DOI: 10.1007/978-1-4302-4738-8_3

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