Buffett’s Salary Unchanged After 25 Years

March 18, 2013

  • March 19, 2013 at 1:48 pm
    Texas says:
    Well-loved. Like or Dislike:
    Thumb up 29
    Thumb down 6

    Wish they had included Buffett’s secretary salary, since she pays more income tax than he does.

    • March 19, 2013 at 3:09 pm
      caffiend says:
      Like or Dislike:
      Thumb up 11
      Thumb down 2

      Odds are fairly good that she also has a salary higher then his too :P

    • March 25, 2013 at 11:04 am
      Java Guy says:
      Like or Dislike:
      Thumb up 6
      Thumb down 2

      What a boneheaded statement! Clearly Buffet pays far more income tax than his secretary. He does however pay a smaller percentage. Capital gains are taxed at up to 20% in 2013. His secretary would pay a higher percentage of a much lower amount vs a lower percentage of a much, much higher amount.

  • March 19, 2013 at 3:10 pm
    Agent says:
    Well-loved. Like or Dislike:
    Thumb up 22
    Thumb down 0

    What a hoot! A multi- billionaire with a salary of $100,000. Boy, he sure has been frugal all these years. He pays his secretary more than that. Somehow I think Capital gains has something to do with his wealth. The salary part is not even in the 1% category.

  • March 19, 2013 at 3:35 pm
    Reagan says:
    Hot debate. What do you think?
    Thumb up 21
    Thumb down 27

    What a dihonest article! At least most of the people who get this publication know better. But the regular joe schmo dopes would piOnt heir finger and cry “See! Obama was right! Mean, rich nasty Republicans are the problem and nIce old Warren Buffett who is BO’s friend pays his secretary more than he makes!” Ask him about forgoing executive perks when he and his pal Bill Gates rented and entire LUXURY cruiseliner for just them and their wives. What a joke. He has also given $1B to each of his kids before “giving all his money away.” It’s easy to be generous when you’ve got BILLIONS.

  • March 20, 2013 at 7:28 am
    Jeb says:
    Well-loved. Like or Dislike:
    Thumb up 16
    Thumb down 6

    Perhaps executive pay reform isn’t such an outlandish idea after all. Recently retired Marsh CEO Brian Duperreault had an annual compensation of $14 Million – and that was only after 5 years of being at the helm. Wondering how Marsh’s stock price compares with Berkshire Hathaway’s? Marsh’s most recent stock trading quote was valued at $37, while Berkshire-Hathaway’s stock trading quote was valued at $152,271. Who’s salary is commensurate to performance?

    • March 20, 2013 at 9:50 am
      Agent says:
      Like or Dislike:
      Thumb up 10
      Thumb down 1

      The Marsh guy’s Fed tax bill at 39.6% is $5,544,000 if he doesn’t have a lot of loophole write offs. Of course, if he lives in NYC, they will confiscate a bunch more in taxes just to live there and we aren’t even talking about NY State. It costs a lot to live in the wonderful N/E. I wonder why Met is moving a lot of employees/operations to the S/E.

  • March 20, 2013 at 1:55 pm
    phoenix says:
    Well-loved. Like or Dislike:
    Thumb up 12
    Thumb down 2

    Personally, when the level of wealth of the Buffetts of the world is reached, it’s not about how much a man “has” as how much he “controls”. Warren Buffett could probably buy anything he really wanted in life and still have most of his wealth under his control. He’s not hiding it under a mattress, though. He’s out there using it to create more wealth (and jobs) with it and doing it very well! Heck, give him some more! Or rather, let him keep some more so he can direct it too successful ventures. I’d rather have him decide where to invest it than Obama (Solyndra, anyone?).

    • March 25, 2013 at 11:47 am
      Agent says:
      Like or Dislike:
      Thumb up 6
      Thumb down 0

      Unfortunately, Buffet is a big Obama supporter and thinks the rich should pay more than their fair share. I wonder why Berkshire Hathaway has been in arrears on their tax bill since 2002? The easy answer is they have a small legion of tax attorneys on the payroll to make sure the tax loopholes are all used. The answer to all this is a flat or fair tax and complete revision of the tax code, but no one in Congress will tackle it. They like that 2,000 page tax code and the lobbyists make sure it stays in place.

  • March 21, 2013 at 2:52 pm
    Chris says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Clearly this is a salary that has no bais on reality. If he only draws $100K I think he should apply for the CFO post.

    Let’s be real he has income but where is it???

  • March 25, 2013 at 6:10 pm
    Center Point says:
    Like or Dislike:
    Thumb up 2
    Thumb down 0

    Flat tax rate anyone?

    • March 26, 2013 at 6:03 pm
      Agent says:
      Like or Dislike:
      Thumb up 1
      Thumb down 0

      All for the flat or fair tax. The problem is that the Special Interest lobbyists do not want it because they like their loopholes. How else can GE avoid paying any tax at all on their billions? Since the lobbyists own the politicians, no meaningful tax reform will be done until Conservative regain power and we make it a felony for a lobbyist to have contact with a law maker.

  • March 26, 2013 at 4:31 pm
    unbiased says:
    Like or Dislike:
    Thumb up 1
    Thumb down 1

    Buffet is a proven success. Not dad’s $$.

    He also understands that without the fed gov’t he would not be as safe with his $$ or would have made his money. Who protects international trade routes? Who attempts to regulate scams. Who makes it safe for his security. The fed government. W/o the navy trade routes would not be safe (read economic history) All wealth comes in part from trade. How rich would any of these guys be without some form of government. Buffet understands.

    • March 26, 2013 at 6:06 pm
      Agent says:
      Like or Dislike:
      Thumb up 2
      Thumb down 0

      The problem with Uncle Warren is that he has gotten into bed with the bad actors who want to spend this country into oblivion and control every aspect of our lives. That is not healthy for the long term economic health of the country. Just look at how far down this nation has fallen in the past 4 years. The misery index continues to rise and the Middle Class is now the lower Middle Class.



Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features