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Warren Buffett stated that he paid an effective tax rate that was lower than his secretary....

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Accounting

Warren Buffett stated that he paid an effective tax rate thatwas lower than his secretary. This assertion is probably true. Why?Will that assertion remain true after the full implementation ofthe December 2017 tax reform law?

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Warren Buffett stated that he paid an effective tax rate that was lower than his secretary This assertion is probably true Why This assertion is true because of Warren Buffetts income is from capital gains but his secretary needs to pay tax on wages In fact he enjoys less tax rate    See Answer
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Warren Buffett stated that he paid an effective tax rate thatwas lower than his secretary. This assertion is probably true. Why?Will that assertion remain true after the full implementation ofthe December 2017 tax reform law?

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