Buses will replace trains for 24 hours between Farmingdale and Ronkonkoma beginning at 12:45 a.m. on Sunday, March 8 through 12:45 a.m. on Monday, March 9 for a switch replacement project in Wyandanch as well as Sperry Rail Car inspection and related signal and track maintenance along the route.
Buffett says he's still paying lower tax rate than his secretary. Warren Buffett says despite a higher tax bill this year than in 2012, he'll likely still pay a lower rate than his secretary. Warren Buffett says even though he and other top earners are paying higher taxes this year, he thinks he's still paying a lower rate than his secretary. In 2013, capital gains for those earning more than $400,000 ($450,000 for couples) will be taxed at 20%, up from 15%.
Warren Buffett is rightfully admired for his investment record as chairman and CEO of Berkshire Hathaway, which has outperformed the S&P 500 Index by more than 10% annually during his 50-year tenure. Much less attention is paid, however, to the manner in which Buffett manages the company itself. This is somewhat surprising, given that his management system is very different from those of other publicly traded companies. Berkshire Hathaway is known for its extreme decentralization.