Warren Buffett says he pays 18 percent of his salary to the IRS while the rest of his staff pays 33 percent and because of that he wants millionaires to pay more in taxes. It happens that because he gets most of his income from capital gains and dividends - money earned from money that was already taxed - he pays a lower tax rate.

However, as for his staff paying 33%, Warren Buffett is a liar. There is no way his staff pays the rate he says they do. But even if it were true, and it certainly is not - the example he gives would be an extreme anomaly - the truth is millionaires pay more than their fair share of taxes. If anything, everyone else is paying far too little and that is what is not fair.

According to the Tax Policy Center (a joint venture of the Urban Institute and Brookings Institution) millionaires pay a higher tax rate than anyone else. Anyone who says that millionaires in general pay less than secretaries is either an idiot ignorant of tax policy or a liar with an agenda.