I just finished filing my taxes.
President Obama can rest easy tonight, though. My effective tax rate was just 3.14%, less than 1/5th of Warren Buffet's 17.4% effective tax rate. Since Warren Buffet also makes well over 300x more than I do, this means that he paid in excess of 150,000% more in taxes than I did. Not too bad a job of soaking the rich from where I sit. But he might want to spring for a copy of TurboTax for his secretary, since it sounds like the poor lady is missing a deduction or two.