If his secretary’s income was based on stock than she would be paying 15% capital gains, not 30% based on worked income. Warren neglected to explain this. Warren said he would really like to pay more taxes but the tax rate is lower than it should be. The press neglected to say that the U.S. Treasury will take donations. ANYONE who would like to give more money to the government may write out a second check to the U.S. Treasury and label it as a donation.