Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Does Warren Buffett really pay just 17%?
Does Warren Buffett really pay just 17%?

Yes. Tax rates on the very wealthiest Americans have fallen sharply since the 1990s because of cuts to the tax rate on tax rate on investment income and gains. And that is most of what the richest rich earn.

By Susie Poppick @Money - Last updated March 15 2012: 2:38 PM ET
Join the Conversation
The election and your money

Here's where Obama and the Republicans stand on pocketbook issues -- and what MONEY readers have to say about those heated debates.