Peeling Back the Details on Taxes in America...

Excerpt taken from the Wall Street Journal:

According to a letter Mr. Buffett sent to a Republican congressman on Tuesday, the Berkshire Hathaway Inc. chairman and chief executive disclosed that he made almost $63 million last year, yet paid less than $7 million in federal income tax.

Mr. Buffett long has urged lawmakers to raise income-tax rates on the wealthiest, arguing that his secretary paid a higher effective rate than he did last year.

Please head to the Wall Street Journal to read the rest of this article and the details about how different income levels are taxed. Click below:

Buffett Pays Less Taxes Than His Secretary!

I'm curious, on what people's thoughts are on his disclosure about the tax disparity.  It makes me want to think long and hard about becoming a full time investor as the benefits of deductions and less income being taxed could be pretty nice. Please post your thoughts.