America is taxing for all but the very rich
Warren Buffett, the world's third-richest man, blasted the U.S. tax system earlier this summer because he pays a lower rate of taxes than his secretary. Buffett said, without trying to avoid taxes, he paid 17.7 percent on the $46-million he made in 2006 while his secretary who made $60,000 was taxed at 30 percent.
Unseemly? Immoral? Outrageous? You bet! This imbalance is a consequence of decades of tax reforms that have benefited those at the top, with a marked acceleration under President Bush.
Labels: Bush Crime Family, Bush Fucked World, Bush Tax Breaks, Bush War on America, Class War, George Bush is the Biggest Terrorist on the Planet
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