Long ago tycoon Warren Buffett famously observed that his secretary had a higher tax rate than did the great investor himself.  On August 14 in The New York Times, Buffett once again trotted out that factoid in "Stop Coddling the Super-Rich." Mr. Buffett wants the super-rich to pay more in taxes.  The big question for Buffett is why he wants to give the feds more money when he knows they'll just waste it.  The problem in D.C. is spending, not revenue. Warren Buffett seems a good man. He's certainly generous, as he's given away billions to charities. But now he wants his fellow billionaires to "give" more to the I.R.S. Plus, he seems to be advocating taxing all types of income -- including capital gains, dividends, "carried interest," etc. -- at the same rate, which will surely get a rise out of some toffs. I'll leave that item to others and address the following issues: First, Buffett lumps payroll taxes in with federal individual income taxes, as when he writes of "my...(Read Full Post)