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whyamimrpink78
The Young Turks
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Comments by "whyamimrpink78" (@whyamimrpink78) on "Trump Makes Less Than $500K A Year???" video.
I agree, and it is also the same reason why Buffet paid less taxes than his secretaries.
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Cenk again shows how little he knows about business. Trump, like Warren Buffet, has a lot of his earnings tied into his business. Buffet only has a yearly income of $100,000, but the vast majority of his earnings are tied into his business. That is why Buffet can earn so much, as in the millions, and pay a lower percentage of taxes compared to his secretaries.
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Trump is the same way. His income may be less than $500K like Buffett's is $100,00, and Zuckerburg's is $1. That is because they earn their money through their company's stocks. That is why Buffett pays a lower percentages of taxes than his secretaries.
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