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Buffett stated that he only paid 19% of his income for 2006 ($48.1 million) in total federal taxes (due to their source as dividends and capital gains) while his employees paid 33% of theirs, despite making much less money. [205]
From 2012-2021, Buffett said Berkshire paid some $32 billion in taxes, which he noted is almost exactly 0.1% of all tax payments taken in by the Treasury Department over that time.
Asked at Saturday's shareholder meeting why Berkshire Hathaway sold 115 million shares in Apple stock over the past quarter, Buffett warned it may have to pay higher corporation tax.
The maximum amount of taxes an American can pay into Social Security in 2023 is $9,932.40 for the year. That’s how much billionaires, millionaires and anyone else earning about $160,200 in 2023 ...
Distribution of average tax rates including individual income tax and employee payroll tax. The Buffett Rule is named after American investor Warren Buffett, who publicly stated in early 2011 that he believed it was wrong that rich people, like himself, could pay less in federal taxes, as a portion of income, than the middle class, and voiced support for increased income taxes on the wealthy. [5]
23.6% (for employees earning more than 25,200€ per year in 2024: includes 20% flat income tax + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer and taxes on dividends: 22% (standard rate) 9% (reduced rate) 20% Taxation in Estonia Eswatini (Swaziland) 27.5% 33%
Over the past few months, as President Obama and congressional Republicans have battled over taxes, spending cuts and the deficit, billionaire Warren Buffett has repeatedly been cited -- both as a ...
Photo by: thetaxhaven Warren Buffett may be a fan of higher personal income taxes on the ultra-wealthy, but when it comes to Berkshire Hathaway , he's all about tax avoidance. On Berkshire's ...