Has the sweet milk of Obama’s class warfare rhetoric taken another sour turn? I’m talking about Warren Buffett’s secretary. How could a woman who is only paid $60,000.00 per year (according to her boss) be able to afford two homes while somehow amassing enough annual wealth to put her in a tax bracket that doesn’t even exist for the top1%?
That’s the question posed in an editorial in yesterday’s Investors Business Daily: Is Buffett’s Secretary a One Percenter?
An ABC News report, for example, says she “pays a tax rate of 35.8%,” in contrast to Buffett’s 17.4% The very top federal income tax bracket is 35%, not 35.8%, and that doesn’t kick in until a taxpayer has adjusted gross income above $379,150.
Does that mean Bosanek is among the 0.4% of taxpayers whose income hits the top federal bracket? You know, the “1%” Obama and his pals always rail about?
Good question.
From today’s Wall Street Journal, Alan Blinder argues against "
The current Democrat class war is like punishing the advantage of literacy to pay for the economic misfortunes of people who refuse to learn how to read or simply do not read well. People whose only fault is having succeeded are somehow responsible for people who have not. And the Professional Left (and their amateur useful idiots) will go to any length to make the point, reinforcing the popular right wing adage, "Democrat’s do say the dumbest things."
the untrustworthy ones for the recipients. An example of this comes courtesy of Harrell ‘Jersey Shore’ Kirstein, who sent me a direct message with a link that produced such an alert.