Monthly Archives: October 2011

Perry’s Flat Tax–Is the Devil in the Details?

As I was scanning an article in today’s WSJ regarding Rick Perry’s flat tax proposal, it really made me wonder what his proposal would look like and how taxable income would be calculated. On the surface, a flat tax sounds … Continue reading

Posted in Income taxes | 1 Comment

The Buffet Tax – What Tax Loopholes Are The Rest of Us Missing?

Recently in the news we’ve heard that billionaire Warren Buffet pays tax at a lower tax bracket than his secretary does. He claims that his tax rate is 17% while his secretary’s tax rate is 36% (I’m not sure why … Continue reading

Posted in Billionaire, IRS, Income taxes, Warren Buffet | Tagged | Leave a comment