Transcript for Warren Buffett, Secretary Discuss Tax Rates
-- agency's chemical -- we can't anchor traveled to Omaha yesterday and sat down on the boat is good morning Robin Denny says she still feels like Cinderella at -- at all after this experience yet the... See More
-- agency's chemical -- we can't anchor traveled to Omaha yesterday and sat down on the boat is good morning Robin Denny says she still feels like Cinderella at -- at all after this experience yet the president singled her out during his State of the Union Address. And House Minority Leader Eric Cantor says she will be one of the defining moments of the 2012 election. But up until a few months ago -- -- kidnapped. Put much thought into our tax rate of out of her bosses. Well today she says she's representing average citizens who want a voice in want to be treated fairly in the area taxes. Right now Warren Buffett pays a lower tax rate than -- secretary. Just hours after her moment in the spotlight -- the sonic was back Saturday job would you go to work for a couple lanes. Then on other yeah. What happened yesterday but I -- -- -- reported. Here. But sonic has been famed investor Warren Buffett's secretary for nineteen years. But now she's gaining stardom of her own as the face of tax inequality. What is this past -- -- four hours been like for you. It's been magical and still take you know and I can't believe it happened. If this isn't a dream come true at the sonic he's making -- -- because she makes less money than her billionaire bonds that pays a higher tax rate than he does. That is typical -- -- right in the -- in 2000 intend to sonic paid in nearly 36%. Tax rate. Buffett who made 62 million dollars that year paid less than half of that. Now -- -- and her boss are campaigning for something the president calls of the Buffett rule requiring millionaires to pay at least 30% in income tax house. -- Boehner was asked about the Buffett rule and he said well we all know that there's a reason we have low rates on capital gains. That resulted in its first new investment and our economy is wrong I mean people like to make money went back into investing and they make it if the tax rates 15% this year and -- -- the negative attack for its 30% -- Buffett made about triple what GOP candidate Mitt Romney made in 2010. Yet Romney has been taken to task by some for his tax rate. I don't blame governor preparing the tax rate that I blame the US congress. -- this will be a defining issue I think -- election I think it should be a defining issue. That he works just as hard as I do and she plays at twice the rate -- pay. I think that's outrageous. I asked Buffett he thought the governor Romney should have released more than two years of his tax returns Buffett says yes he should have because he's going to have to eventually. The problem with -- releasing just two years worth reporting about that is that people question what he paid a few years earlier. So Romney should just lay it all out now since in the -- pressure on for more and -- Think that -- the relationship with things. But they're very they're great and the things that make the trip there -- --
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