Poor Girl! Warren Buffett’s Secretary Makes Between $200,000 And $500,000/Year

Warren Buffett’s secretary, Debbie Bosanek, served as a stage prop for President Obama’s State of the Union speech. She was the president’s chief display of the alleged unfairness of our tax system – a little person paying a higher tax rate than her billionaire boss.

Bosanek’s prominent role in Obama’s “fairness” campaign piqued my curiosity, and I imagine the curiosity of others. How much does her boss pay this downtrodden woman? So far, no one has volunteered this information.

We can get an approximate answer by consulting IRS data on tax rates by adjusted gross income, which would approximate her salary, assuming she does not have significant dividend, interest or capital-gains income (like her boss). I assume Buffett keeps her too busy for her to hold a second job. I also do not know if she is married and filing jointly. If so, it is deceptive for Obama to use her as an example. The higher rate may be due to her husband’s income.  So I assume the tax rate referred to is from her own earnings.

via Warren Buffett’s Secretary Likely Makes Between $200,000 And $500,000/Year – Forbes.

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  • OscarShank

    So what? The sum of money she makes as salary is irrelevant–the point is, it’s taxed as ordinary income, same as most people’s income–the issue is why should those who make their income from captial gains or “carried interest” get a much lower tax rate, and why can’t we eliminate all those offsets, credits, deductions, loopholes of sorts given to the wealthy to further reduce their actual taxable income (as distinguished from their gross income)?