Bush economics: 'Only the little people pay taxes'

This is a column about taxes, and how, unless you are one of the nation's top dogs, you are getting rooked.

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Warren Buffett, the world's third-richest man, blasted the U.S. tax system earlier this summer because he pays a lower rate of taxes than his secretary. Buffett said, without trying to avoid taxes, that he paid 17.7 percent on the $46 million he made in 2006 while his secretary who made $60,000 was taxed at 30 percent.

Unseemly? Immoral? Outrageous? You bet! This imbalance is a consequence of decades of tax reforms that have benefited those at the top, with a marked acceleration under President Bush.

This should piss you off.