Accounting Quote by Warren Buffett
“If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.”
About This Quote
Source Speech: Berkshire Hathaway Annual Meeting, 2015
Top earners often receive lower payroll tax rates than lower‑level staff, highlighting tax inequities.
In simple terms: Rich pay less tax than staff.
Key Takeaway
Advocate for fair tax policy.
Themes
economics
inequality
taxation
Mood
analytical
concerned
Type
financial
political
When to use this quote
- political activism
- financial planning
- public discourse
Key Concepts
tax policy
wealth disparity
Questions to Reflect On
- What reforms could balance tax burdens?
- How does tax disparity affect social cohesion?
A Different Perspective
Tax structures are complex and vary by jurisdiction.
![“Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against…” quote by Warren Buffett](https://sms4smile.com/quotes/img-quotes/6fd/warren-buffett-183_average_just-look-at-that-forbes-400-takes-a-bil_1970232.jpg)
