Quote

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Taxes
Dividends
Percent
Paying
Maybe
Federal
Government
Capital
Take
Third
Thirds
Income
Receipts
Gains
Payroll

More quotes by Warren Buffett

Image
Money will not change how healthy you are or how many people love you.
Warren Buffett
Image
With a wonderful business, you can figure out what will happen you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when
Warren Buffett
Image
I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.
Warren Buffett
Image
America should stand for more than just wealth.
Warren Buffett
Image
A pin lies in wait for every bubble and when the two eventually meet, a new wave of investors learns some very old lessons.
Warren Buffett
Image
You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.
Warren Buffett
Image
It makes a difference who the treasury secretary is.
Warren Buffett
Image
In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.
Warren Buffett
Image
I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.
Warren Buffett
Image
I think the FDIC was one of the great inventions of the American.
Warren Buffett
Image
To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.
Warren Buffett
Image
Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
Image
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
Warren Buffett
Image
Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.
Warren Buffett
Image
The Noah rule: Predicting rain doesn't count building arks does.
Warren Buffett
Image
The most important thing in terms of your circle of competence is not how large the area of it is, but how well you've defined the perimeter.
Warren Buffett
Image
Wide diversification is only required when investors do not understand what they are doing.
Warren Buffett
Image
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
Warren Buffett
Image
You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes
Warren Buffett
Image
If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
Warren Buffett