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Blog: Warren Buffett’s taxing hypocrisy

Discussion in 'News & Current Events' started by mandym, Aug 29, 2011.

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  1. Salty

    Salty 20,000 Posts Club
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    Just to claify, are you refering to tax witholding (only) or was there actually a tax libiality when you filed form 1040?

    Many people complain about how much tax they pay, but when they file - they actually get back more (eg EIC) then was witheld.
     
    #21 Salty, Aug 30, 2011
  2. FR7 Baptist

    FR7 Baptist Active Member

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    I got back less than the amount withheld- and I'm not talking about FICA. I paid net federal income tax last year.
     
    #22 FR7 Baptist, Aug 30, 2011
  3. targus

    targus New Member

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    Do the math. What percent of your gross did you end up paying in federal income tax?
     
    #23 targus, Aug 30, 2011
  4. Max Fenster

    Max Fenster New Member

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    This doesn't seem unreasonable.
     
    #24 Max Fenster, Aug 31, 2011
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