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.

Most Popular
 
 
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.