Mr. Buffett went on to say that he, a multi billionaire, pays a lower tax rate than his secretary got that what Buffett said was true 20 years ago. It's even more accurate today. In America right now, billionaires pay a lower effective tax rate than the average worker. A few years ago, it was estimated that Elon Musk, the wealthiest man alive, paid an effective tax rate of less than 3, 3.3%, while the average bus driver in America paid an effective tax rate of 8.4%. (20:30–20:41)
CLAIM
Asserts that billionaires in the U.S. pay a lower effective tax rate than average workers.
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