Posted by oldtanker on January 21, 2013 at 11:43:30 from (66.228.255.239):
In Reply to: Warren Buffet posted by sdc eastern ia on January 21, 2013 at 07:30:17:
Buffet doesn't get a pay check, his secretary (who makes over 500,000 a year) does. Buffet gets income from his investments. Prior to JAN 1 his tax rate on investment income was 15% while his secretary's PAY was taxed at 30%. Had Buffet paid himself at the same rate as his secretary he to would have paid 30% on his pay check income plus the 15% on investment income.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
... [Read Article]
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