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Debra Bosanek, Warren Buffett’s longtime “secretary” who is Obama’s newest favorite stage prop in the theater of class warfare, has become the “Joe the Plumber” of the left. She’s used as an example of the put-upon 99% who struggle to make ends meet while people like her boss pay lower tax rates and make off like bandits. The fact that “all of the above” are working together on the same team is the best evidence that some kind of sham is being perpetuated.

The State of the Union speech had some comical optics. There was President Obama, spouting class warfare rhetoric and outlining how the best way to lift the proletariat out of the mud is somehow to raise taxes on the rich, all with the First Lady nodding in agreement while wearing a nearly $2,500 dress. In the First Lady’s box and serving as living proof of the human misery that has been caused by under-taxed billionaires was Buffett’s poor old secretary:

Despite a heavy tax burden, Warren Buffett’s secretary last year was able to purchase a second home in Arizona, a residence complete with a swimming pool and a “professional PGA putting green,” according to real estate records.

Debra Bosanek, 55, and her husband Gerald bought the 2100-square-foot home in Surprise, a city outside Phoenix. The Bosaneks paid $144,000 for the four-bedroom, two-and-a-half bath property (the purchase was financed, in part, by a $115,200 mortgage).

The principal Bosanek residence is in Bellevue, Nebraska, several miles from Buffett’s corporate headquarters in Omaha. The couple’s 2568-square-foot home, built in 2000, also has four bedrooms and two-and-a-half baths. But the modest property, which Sarpy County assessors last year valued at $217,716, offers no outdoor amenities for swimmers or golfers.

Buffett has said that his secretary makes $60,000 a year. The executive assistant (they obviously call her a “secretary” only for the picture it helps paint) for a billionaire? Either her job has been wildly overstated or she’s working for a little less than others in similar positions. And the tax tables would tell a different story if we’re to believe this whole tale as it’s been advertised. Of course, we also have no idea what her husband does or what he might earn, and that could also affect the tax rate if they file jointly. The point is that between these variables and the “income tax” vs. “capital gains tax” differences we’re well beyond an apples & oranges comparison. More like apples & Buicks.

I’ll go with Limbaugh on this and say that the only way the matter can be settled is to see her tax returns. ::crickets::

(h/t Jim Treacher)

Comments

18 Responses to “If Warren Buffett Paid Higher Taxes Maybe His Secretary Wouldn’t Be Forced to Confine Herself to Only Two Homes”

  1. Misscheryl on January 26th, 2012 1:40 pm

    Rule #1 Never, ever, ever take a progressive at at face value They are dishonest to the core. It's ok to be evil as long as it's for a good progressive cause.

  2. Marshall_Will on January 26th, 2012 1:47 pm

    Most excellent point. Progs will lie even when the simple act of telling the truth would not only not 'harm' them or their position ( it would be a hell of a lot easier! )

    Engaging in a truthful exchange [ they feel ] only serves to diminish their position of superiority. Any hick hayseed can tell the truth.

  3. Pasadena Phil on January 26th, 2012 1:57 pm

    Being invited to sit with the first lady during the SOTU used to be an honor reserved for heroes, dignitaries and other people being honored for actually doing something important. Now it is just a stunt prop for cynical and corrupt elites.

    The ruling class is so out of touch with ordinary citizens that they even have millionaires posing as poor people. There just isn't anything good going on anymore (except, of course, for the Patriots winning the Super Bowl again.)

  4. Truesoldier on January 26th, 2012 2:38 pm

    "Buffett has said that his secretary makes $60,000 a year."

    Not only do we need to see the secretaries tax return to see if that is what she has listed as her wages, but it would be interesting to see if that figure is what is in Warren Buffetts companies filings as well.

  5. Truesoldier on January 26th, 2012 2:40 pm

    "Of course, we also have no idea what her husband does or what he might earn, and that could also affect the tax rate if they file jointly."

    Exactly. For all we know he made millions last year and that caused their tax rate to be higher.

  6. Marshall_Will on January 26th, 2012 2:45 pm

    Next year, it's Slumdog Millionaire!

    Thanks for reminding us Phil. In the past it would have been some gravely injured Marine or Mother Thersa type. Now we get 'extras' playing leading roles. Whatever…

  7. Marshall_Will on January 26th, 2012 2:51 pm

    TS,

    Before he cracked up and became a ukulele-playing Socialist psychopath, Warren had sound reasoning skills. He should just "go Hef", get a bevy of hootchie girls, a Mercedes hood emblem necklace and get it over with. Playah.

    Anyway, the thinking behind -remaining- hq'd in the cornbelt was that you COULD pay people sig. less and get away with it! I'll bet Donald's personal asst. is paid considerably more. In short, while 200k (?) may be a great salary in Omaha, in the Bay Area it just means you won't have room mates…

  8. Truesoldier on January 26th, 2012 2:57 pm

    Tell me about it. My wife and I left the bay area in the mid 90's when we got tired of paying $1300 a month rent for a studio apartment in an ok neighborhood. we both worked full time jobs and went to school full time and hardly got to see eachother.

    When I my job needed some people to transfer from San Jose Intl. to Portland Intl. I jumped at the chance. Not only did my pay go up, but my cost of living went significantly down.

  9. Marshall_Will on January 26th, 2012 3:37 pm

    TS,

    For years I cleared my trades thru a quiet, well managed midwestern firm is St. Louis. Most only made around $30k a year. At least that was the starting salary. No, this isn't the 70's. 2003-2010. They'd complain their mortgage was almost $750!

    My point is that WB's asst's salary is taylor made for Prog manipulation. If Berkshire were hq'd in NYC, you need to pay $70k a year for an ex-stripper out of re-hab just to say "He isn't IN right now, would you like me to take a message?"

    Yes, she has room mates! Several actually?

  10. SignPainterGuy on January 26th, 2012 3:57 pm

    Great comments, ALL ! Everything is for the optics, but ain`t quite working the way these libturds want !

    $200,000 is quite common for exec. secs. and higher for the good ones. And 2,100 sq. ft. homes aren`t all that large. Add in the relatively low price of $144,000, dang, we`re talking BARGAIN ! Throw in the outdoor amenities, I`m wondering if the Bosaneks didn`t get some sort of SWEETHEART deal !

  11. backwoodsconsr on January 27th, 2012 12:23 pm

    I feel the same depths of sympathy I felt several years ago when the news media reported that Jim and Tammy Faye Bakker were down to their last $100,000.

  12. SignPainterGuy on January 27th, 2012 2:45 pm

    Now that`s so shallow ! ;-)

  13. backwoodsconsr on January 27th, 2012 7:49 pm

    I'm not surprised that the word "shallow" would come up after a comment about Tammy Faye.

  14. SignPainterGuy on January 27th, 2012 8:45 pm

    I was playing on "depths" of sympathy …… and you`re right; the Bakkers were in general, quite shallow, but as for Tammy Faye, her make up, consisting of heavy spackle, paste, paint and putty liberally applied with roller and trowel …. was rather "deep" ! Unprecedented, as a matter of fact !

  15. backwoodsconsr on January 27th, 2012 9:07 pm

    She was living proof that where makeup is concerned, moderation is definitely in order. Frankly, if eye shadow ceased to exist I wouldn't miss it.

    Maybe having to look at her is what drove Jim to seek pleasure elsewhere.

  16. SignPainterGuy on January 27th, 2012 9:28 pm

    There is definitely an art to applying makeup and sadly, not everyone is an artist !

    TFB was scary lookin` fer sure !

  17. Howard Marks on April 26th, 2012 7:04 am

    Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt.

  18. Burnaby Lawyers on May 1st, 2012 4:26 pm

    Laws are made by governments, and nowadays more specifically, by parliaments. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus ticket to trading on derivatives markets. Property law regulates the transfer and title of personal property and real property.

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