$62,855,038: What Warren Buffet Made Last YearOctober 13, 2011 12:15 am
We had spotted some interesting stats from Warren Buffet’s NYTimes article earlier – we spotted this today:
“In a letter to Republican Rep. Tim Huelskamp Tuesday, Buffett revealed that his adjusted gross income last year was $62,855,038 and that his taxable income was $39,814,784. Buffett said he paid $15,300 in payroll taxes.
Buffett also said his federal income tax bill came to $6,923,494, or 17.4% of his taxable income — two points he revealed in a New York Times op-ed in August urging Congress to tax the wealthy more.”
Statistics Source: CNN Money