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>> well, first of all, warren buffett's secretary doesn't pay a higher tax than warren. he's the large jest shareholder of his company. that's the majority of his wealth. berk shyer hatberkshire hathawa. this is ridiculous to pretend warren buffett isn't paying a lot of taxes. of course, what he's paying is in capital gains. that's because he chooses to work for no salary. if he paid himself a salary through his company, he would pay a very high tax rate just like i'm paying. i mean, i'm paying well over 40% of my income in federal and state income taxes right now. how much more do they want to take? >> mike: a lot more. have you not been hearing the president? he wants to take all of it. >> medieval serfs only had to pay 35%. i wish i could be elevated to the level of a serf.

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