You might read up on WB's income as it is out there. He pays little tax because of HOW he takes his income. I think he is doing 35% on income & 15% on the stock options and gains so he take less on the income side at 35% and goes for the lower & deferred things. All legal and done by every tax accountant for their clients if they can.

Loop holes to some are drivers to others. Track out the effect of not allowing second home interest deductions. It blows the hell out of housing, motorhomes, boats, a bunch of other stuff, and a HUGE NUMBER OF JOBS. Did not save the link but a lib foundation ran the stuff and found getting rid of loop holes sounds good but has the potential to set the economy on it's collective ass if done helter skelter.

Oh yeah someplace back on this thread someone said 50% do not pay tax because they do not make enough. What a total load of crap! I am retired and my gross is 50k and AFTER deductions I still pay 10% which is OK with me as long as everybody pays. I saved when I was younger in my IRA on $7 and $8 a hour and worked 6 / 10's a week SO I COULD RETIRE. This bit where you got kids? Pay less tax! Married? The same! Single bend over and prepare yourself. Everybody has their hand out in this country anymore. JFK got his ask not quote a little wrong for most people today.