Thursdays with John Hayward: Who Is Debra Bosanek?
Thursday, January 26, 2012
Warren Buffett's secretary, Debra Bosanek, is unquestionably one of the most important people in America, and her paycheck stub is one of the most significant documents in the world. The entire U.S. tax code stands on the verge of being overhauled, and a gigantic job-killing tax slapped on upper income earners, because she ostensibly pays a higher tax rate than her billionaire boss.
So vital is Bosanek to the future of America that she was invited to sit in a place of honor beside the First Lady at the State of the Union address, a position usually reserved for heroes who have survived potentially deadly adventures. She was actually mentioned by President Obama in the State of the Union address.
And yet, to this day, Americans do not know one single detail about the taxes or income of the woman who will become the template for our system of punitive taxation. How much does Bosanek make? How much does she pay in taxes? No one imagines for one instant that she pays more in absolute dollars than Warren Buffett. He most likely pays hundreds of times as much, just as well-heeled presidential candidate Mitt Romney pays about 400 times as much money in taxes as the average middle-class taxpayer.
For some reason, a large number of Americans are content to accept Bosanek as the chisel that will be used to re-sculpture America's tax system, without knowing anything about her at all. Efforts to guess her income level, based on what little we know, put her at anywhere from $100,000 to over $350,000 per year... and that's assuming she isn't collecting dividend or capital gains income, like her boss. Debbie Bosanek is quite possibly in the top One Percent, almost certainly in the top 5 percent, and very likely a "millionaire" under Democrat Party dogma.
More power to her, and she seems like a nice lady whose desire for privacy should be respected – which means we should never hear another word about her from the President of the United States, ever again. Let Obama make his crude class warfare arguments with reason, instead of human props.
—John Hayward
www.eaglepub.com