Per this article:
Warren Buffet pays an effective tax rate of 16%. Now, how many of you think Warren Buffett is a dimwit who just cant figure out the tax laws? How many of you think Trump is a fraudster and a tax cheat. I'm not sure how anyone, after reading the NY Times article, could come away thinking Trump is just a savvy businessman.
Buffett: "The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."
This Twitter thread by Dan Alexander of Forbes is a pretty good summation:
Buffett to Trump: 'I have paid federal income tax every year since 1944'
Warren Buffett fired back at Donald Trump on Monday, detailing what he says are the top line numbers from his 2015 tax return.
money.cnn.com
Warren Buffet pays an effective tax rate of 16%. Now, how many of you think Warren Buffett is a dimwit who just cant figure out the tax laws? How many of you think Trump is a fraudster and a tax cheat. I'm not sure how anyone, after reading the NY Times article, could come away thinking Trump is just a savvy businessman.
Buffett: "The total charitable contributions I made during the year were $2,858,057,970, of which more than $2.85 billion were not taken as deductions and never will be. Tax law properly limits charitable deductions."
This Twitter thread by Dan Alexander of Forbes is a pretty good summation:
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