The Poor Abused Thing… Buffet’s Secretary Makes $200K to $500K a Year

What a sad story. I can’t stop crying. The poor abused secretary has to pay a high tax rate.
How does she make it?

WASHINGTON, DC – JANUARY 24: (L-R) Warren Buffett’s secretary, Debbie Bosanek, Founder and Chair of Emerson Collective Laurene Powell Jobs and Plant Manager, General Motors Orion Assembly, Alicia Boler-Davis sit prior to the start of U.S. President Barack Obama’s State of the Union speech on January 24, 2012 in Washington, DC. Obama said the focal point his speech is the central mission of our country, and his central focus as president, including “rebuilding an economy where hard work pays off and responsibility is rewarded.” (Win McNamee)

The poor thing had to pay taxes at a higher rate than her boss does on his dividends.
Forbes reported:

The IRS publishes detailed tax tables by income level. The latest results are for 2009. They show that taxpayers earning an adjusted gross income between $100,000 and $200,000 pay an average rate of twelve percent. This is below Buffet’s rate; so she must earn more than that. Taxpayers earning adjusted gross incomes of $200,000 to $500,000, pay an average tax rate of nineteen percent. Therefore Buffet must pay Debbie Bosanke a salary above two hundred thousand.

FYI… The average executive secretary in Omaha makes $31,000 a year.
Hat Tip Ed

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  • Kiki

    And if Buffett pays more in taxes I can bet when it comes time to give his deprived secretary a raise, he will complain that is hard to do with the higher tax rate he is paying

  • gus

    Isn’t the CAPITAL in CAPITAL GAINS already taxed?? Obama is a scum bag, Buffett is a con man.

  • olm

    If the polticians were honest and the American People intelligent, this would be a non issue.
    Buffett is stepping in to help Barry because Barry sucks too badly to pull this con off by himself.

  • Mad Hatter

    It’s interesting out of all of the people in the country to use, just so happens it’s a secretary of Warren Buffet. The same Warren Buffet that was one of Obama’s biggest supporters, and donors.

    From Fox News, August 16th, 2007.

    Billionaire investor Warren Buffett says it can get a little lonely being a Democrat in Nebraska.

    The last Democrat to carry the state in a presidential election was Lyndon Johnson, in 1964.

    But Buffett had plenty of company Wednesday night at a fundraiser for Democratic presidential candidate Barack Obama — and local organizers say Obama made a valuable investment.

    “I think his stock in Nebraska goes up from here,” said Omaha businessman Harley Schrager, who co-hosted the event with Buffet and others.

    The total raised wasn’t immediately available, but the minimum price to get in was $500 a person, and organizers estimated the crowd at about 200. About 40 of those people attended an earlier reception, and each donated at least $2,300.,2933,293474,00.html

    From the Chicago Sun Times, June 16th, 2008.

    WASHINGTON–Superinvestor Warren Buffett, the chairman and CEO of Berkshire Hathaway–who with his daughter Susan early on spotted presumptive Democratic nominee Sen. Barack Obama (D-Ill.) as a comer– will headline a $28,500-per-person fund-raiser (to raise or give) July 2 at the Chicago home of Obama finance chair Penny Pritzker. Sharing host duties will be Obama senior advisor Valerie Jarrett.

    From WLS, Channel 7, Chicago September 21st, 2011.

    September 21, 2011 (CHICAGO) (WLS) — There will be a convergence of presidential politics, high finance and Chicago glitter next month as billionaire Warren Buffett holds a fundraiser for President Barack Obama.

    Even though investor Warren Buffett was the only person to lose some of his wealth among Forbes’ top 20 richest Americans, with $39 billion left, he has enough to throw Obama a couple of fundraising parties.

    Next month in Chicago, Buffett will have the opportunity to help Obama. Buffett will be the host of a $35,000-a-ticket fundraiser at the north lakeshore home of Byron Trott, who owns BDT Capital Partners, a high-stakes and very private investment firm.

    Those are just three that I found.

    Conflict of interest? Nahhhhhh, what ever gave you that idea?

  • donh

    Such evil times. Hypocrisy and false sanctimony is a religion to these fascist insaniacs.

  • Patty

    We all pay income tax on what we earned. Those who have extra money invest their money in companies. Those who have paid already that is. Then when they invest other money a tax will be placed on investment of 15%, now, 15% plus the 35% they have paid on earned income is the total.

    45 to 50% in all taxes. Income tax they pay and investment tax.

    Their money investments in companies makes all of us richer. Because without investments a company will go under.

    By the way, Companies pay taxes also. Everyone pays taxes but Obama isn’t telling the public that two tax rates are on those who invested. Income and investment taxes.

  • Sasja

    gus, you’re right. That 15% is his capital gains tax rate. Money earned from investments.

  • Patty

    Now, with Obama rigging this to make you think they don’t pay their fair share is CRIMINAL.

    He is hoping that stupid America will buy the swampland he is selling.

    Therefore, investors won’t invest if tax on their investment are higher. It may not be worth it to them if investment fails and a higher tax.

  • Patty

    Now he wrote this speech so an 8th grader could understand it. Seems to me he is selling it this way but he is lying to the American public in general.

    Making it look like the rich don’t pay their fare share.

    Show you how stupid government truly is: Rush’s dad was well off, didn’t need his social security income. So, he asked the SS office if he could have them take him off list. OH, NO, they told him, ABSOLUTELY NOT. So, he saved his checks and they gave to his favorite charity.

    Rich people many that is have enough money and they know it, so since with Obama’s plan it won’t touch the 5 trillion he has squandered. So, those billionaires like Buffet should give to Government as they wish. But to raise taxes on the rich is a joke. They are paying enough in my opinion but those who wish to pay more, so be it. It still isn’t going to help are debt, a spit in the bucket.

  • Patty

    they gave to his favorite charity.
    Correction: He gave to his favorite charity.

  • gus

    So Obama has put us 5 trillion farther into debt, and his solution is to tax more??
    If we didn’t spend it we wouldn’t need more SLOP for the HOGS.

    Is that a hard concept.

  • Sasja

    OT, sorta, I guess. Received the following from a friend of mine and thought y’all would get a kick out of it. Sometimes the more things change, the more they do stay the same.

    From the “Daily News”, Nov 4, 1949.

    Ode to the Welfare State. Mr. Truman’s St. Paul, Minn. pie-for-everybody speech last night
    reminded us at the tail-end of the recent session of Congress, Rep. Clarence J. Brown (R-Ohio) jammed into the Congressional Record, the following poem, describing its author only as “a prominent democrat of the State of Georgia.”

    “Democratic Dialog”

    Father, must I go to work?
    No, my lucky son.
    We’re living now on Easy Street
    on dough from Washington.

    We’ve left it up to Uncle Sam,
    So don’t get exercised.
    Nobody has to give a damn,
    We’ve all be subsidized.

    But if Sam treats us all so well
    And feeds us milk and honey,
    Please, daddy, tell me what the hell
    He’s going to use for money?

    Don’t worry, bub, there’s not a hitch
    In this here simple plan.
    He simply soaks the filthy rich
    And helps the common man.

    But, father, won’t there come a time
    When they run out of cash?
    And we have left them not a dime
    When things go all to smash?

    My faith in you is shrinking, son.
    You nosy little brat.
    You do too damn much thinking
    To be a democrat.

  • Patty


    Obama is actually prevent the progress in America. He is only in favor of spreading the wealth. Sal Alinsky and the great community organizer. Give to the poor and take from the rich.

  • Molon Labe

    The Republicans should propose a flat tax of 10% on all income, no exemptions. Let the poor pay their fair share and maybe they’d stop being leeches.

  • Patty

    Capital gains tax rate

    The days of the 15 percent tax rate are numbered

  • Patty

    45% don’t owe U.S. income tax

  • Patty

    Higher rates on the rich are not, then, a free lunch. At low levels rate increases will lift revenue, but not without a cost in efficiency and short-term growth. If the budget is a government’s primary concern, then the evidence is that reforms which close loopholes and broaden the tax base are a more efficient way to bring in more money than higher taxes for the rich.

    And perks aren’t necessary. Obama will drive the economy if re-elected further into the ditch as the rich will refuse to pay higher taxes on their investments. And why is Obama doing this because it won’t have any real reduction in the debt he has made for us of 5 trillion, and national debt of 15 trillion.

  • gus

    Patty, it’s not about revenue, if it was about revenue, we’d have the PIPELINE under construction. It’s about MARXIST IDEOLOGY. Obama will go to his HUMILIATING DEFEAT believing MARXIST bullsh1t.

  • Veritas

    Its interesting to note Buffet has left his estate to a tax free foundation so he will pay no taxes upon his death. What a liar.

  • Dollars to doughnuts, Bill Clinton tried to hit on the one in the middle before the night was over.

  • wanumba

    Forget the secretary… “Emerson Collective?” and GM plant manager? WHO are these two women and what are their backgrounds for such high level plums?

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  • squeaky

    “Emerson Collective?” and GM plant manager? WHO are these two women and what are their ..” i don’t know about the gm manager but the woman in the middle is the late steve jobs wife.

  • wanumba

    #24 January 26, 2012 at 4:07 am
    squeaky commented:
    “Emerson Collective?” and GM plant manager? WHO are these two women and what are their ..” i don’t know about the gm manager but the woman in the middle is the late steve jobs wife.

    Wow. She’s worth how much? 1% of the 1% ?

    She was married to a guy who didn’t bathe?

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  • Shawn

    MORE LIES MORE MISINFORMATION It’s not new from this pres. he lies everyday to the cameras.

  • KS_Patriot

    I think Buffet takes a small salary, $100,000 or something. So his secretary’s salary income is 2 to 5 times higher based on salary. A person making $100,000 salary pays a lower rate than a person with a $500,000 salary. No one mentions that his company currently owes the IRS more than $1 billion in taxes that he disputes from returns up to 9 years old. So Buffet doesn’t pay what the law says he owes, yet he is begging to have a higher rate. What a jerk. Obama lies, they both pay EXACTLY the SAME tax rate as the law prescribes on their earned income, and exactly the same tax rate on their interest and dividends. They both pay a second tax called Capital Gains Tax at EXACTLY the same 15% rate on long-term capital gains on investments. Buffets total tax paid as a percentage of his combined Earned Income, and Capital Gains might be a lower percentage because of his low salary and high levels of investment gains. He paid $7,000,000 last year, and she paid about $60,000. It is a lie when Obama says “He paid a lower tax rate than his secretary” an honest statement by Obama would be “His calculated “blended tax rate” of his income and capital gains is a lower percentage because she pays mostly on her high salary, he takes a token small salary and makes most of his money on investment income, besides the Old Coot always contests what he owes and never pays the millions he owes us, and she pays on time.”

  • mamagriz68

    I never made more than $35,000/year when I worked as a secretary, and that was with several years experience (and I had a master’s degree at the time – should tell you a lot about the value and usefulness of those degrees). This whole thing is such a bad joke.

  • Kissmygrits

    A lot of seniors live off of the dividends in their savings or IRA accounts. Last year we paid 7.6% effective tax rate on this income. If Zero raises the cap gains to 30%, I’ll have to ask Rush for some dog food.

  • Owen

    This article is off base and makes conservatives look uninformed. The reason for Buffett’s claim is that he includes FICA taxes as well as federal income taxes in determining tax rates. Since the vast majority of Buffett’s income is taxed at capital gains/dividend rate levels and since he makes so much that his FICA tax rate is tiny then obviously his secretary will have a higher combined tax rate even if her income tax rate is lower. I seriously doubt that she is paid more than $100,000 in salary. There are plenty of good arguments to dispute Buffett’s position on this issue; this isn’t one of them.

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