Speaking to several hundred supporters of the U.S. Senator from New York, Buffett revealed his puzzlement that he was taxed at a lower rate than many of the lesser-paid individuals working for his company. Buffett said he makes $46 million a year in income and is only taxed at a 17.7 percent rate on his federal income taxes. By contrast, those who work for him, and make considerably less, pay on average about 32.9 percent in taxes – with the highest rate being 39.7 percent.

To emphasize his point, Buffett offered $1 million to the audience member who could show that one of the nation’s wealthiest individuals pays a higher tax rate than one of their subordinates. “I’m willing to bet anyone in this room $1 million that those rates are less than the secretary has to pay,” said Buffett.

:: Taxes! via Email {Thanks Chloe!) ::

I’ve been slacking hardcore on posting lately, sorry. There are several reasons for this. A. Finals B. Moving C. Starting at Google D. Not having internet access except for at work and keeping my work computer habits 99% relevant to my job. whoa!

Regular blogging should return soon, expect a day in which i make like 10 posts soon.

Gurning: Competitive Face Making dating back to the 13th Century.

Delicious News: I’ll be working at Google over the summer doing usability stuff. I can’t tell you what unless you sign a Non Disclosure Agreement. Benefits: Interesting and gainful employment, brilliant people to have memorable conversations with, lots of good food.

::: Big Times to Ian for the Hook Up =) :::