News
CNN Money | Buffett made $62,855,038 last year
In a letter to Republican Rep. Tim Huelskamp Tuesday, Buffett revealed that his adjusted gross income last year was $62,855,038 and that his taxable income was $39,814,784. Buffett said he paid $15,300 in payroll taxes.
Econ Comments
RCM | Analyzing Herman Cain's 9-9-9 Tax Plan
Recall that the 28 percent maximum rate Congress adopted in the Tax Reform Act of 1986 was raised more than once, under Presidents George H.W. Bush and Bill Clinton.
Washington Times | MILLER: Encouraging investment in America
The capital-gains tax should be capped and eliminated.
