Comments on: Warren Buffet asks why he pays less tax than his cleaner

By: Tax Research UK / Private equity tax

Tax Research UK / Private equity tax — Thu, 01 Nov 2007 13:31:40 +0000

[...] The issue at the end of the day is a stark one. It’s simply stated. Do the wealthy pay, or do the less well off? Warren Buffet summarised it in a story reported here yesterday when he noted that he pays tax at a lower rate than does his cleaner. [...]

By: Fred Fry

Fred Fry — Wed, 31 Oct 2007 16:29:03 +0000

Someone should inform Mr. Buffet that he can pay more if he wants. From the Bureau of the Public Debt: - FAQ Pages:

“How do you make a contribution to reduce the debt?

Please follow these important steps to make a contribution to reduce the debt. Make check payable to the Bureau of the Public Debt. In the memo section of the check, notate Gift to reduce Debt Held by the Public. Mail check to -

ATTN DEPT G
BUREAU OF THE PUBLIC DEBT
PO BOX 2188
PARKERSBURG, WV 26106-2188″

I bet he has connections. Maybe he should use them to lobby as he sees fit.

The title is still a little off. It is the percentage of tax he was referring to. I bet he does pay more tax than his cleaner.

By: Tax Research LLP

Tax Research LLP — Wed, 31 Oct 2007 11:31:38 +0000

Woops!

Corrected

Thanks

Richard

By: Richardr

Richardr — Wed, 31 Oct 2007 10:55:55 +0000

Warren Buffett is one of the most sensible billionaires on this and related topics.

The reason for this comment though is, your headline “Warren Buffet asks why he pays more tax than his cleaner” is wrong - he is asking about the lower rate he pays.