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If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
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Investor
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Omaha
Nebraska
Warren Edward Buffett
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More quotes by Warren Buffett

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I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
Warren Buffett
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If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.
Warren Buffett
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A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.
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I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.
Warren Buffett
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Larger sums may be an advantage at some cases and a disadvantage at others.
Warren Buffett
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You can't buy what is popular and do well.
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The only question is whether you’re going to do it today or tomorrow. If you keep saying you’re going to do it tomorrow, you’ll never do it. You have to get on it today.
Warren Buffett
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Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
Warren Buffett
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Warren Buffett
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I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. You need to fill your mind with various competing thoughts and decide which make sense.
Warren Buffett
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If I eat 2,700 calories a day, a quarter of that is Coca-Cola.
Warren Buffett
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Chains of habit are too light to be felt until they are too heavy to be broken.
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If you have a great manager, you want to pay him very well.
Warren Buffett
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Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
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In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.
Warren Buffett
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The most important investment you can make is in yourself... nobody can tax it or take it away from you.
Warren Buffett
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Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
Warren Buffett
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Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.
Warren Buffett
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The wise man once said invest young
Warren Buffett
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The key to success is emotional stability.
Warren Buffett