Quote:
Originally Posted by IMPALA MAN
It would be the tax table that Warren Buffet's secretary uses.
The tax rate going down for higher income is no different than the tax rate going up for lower income.
Example: If Warren decreases his income, he pays more (percentage) tax.
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Not true. Warren Buffet's secretary pays a higher tax rate because her income is earned, Buffet's income is derived from investments and is taxed at the current Capital Gains rate.
We all pay the same federal income tax rates. There are some small caveats-like deployed military personel in war for example, but for most everyone else the rates are the same.