The famed Billionaire investor, Warren Buffet. Why is he so happy? I guess he's happy because he pays less tax than his secretary. Hear what he says: “I have worked with investors for 60 years and I have yet to see anyone – not even when capital gains rates were 39.9 percent in 1976-77 – shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off.”
Hear what Senator Barbara Boxer says: "Billionaire Warren Buffett pays a lower tax rate than his secretary -- and I thank him for speaking out and drawing attention to this incredible imbalance.