"FDA not approved? Ok, sell.."
"Put out an upgrade then dump at the open"
Buffett, quit trying to decide what happens with our estates, mind your own.
Repeal the tax. Mr. Buffett is free to pretend it remains in force and write a sizeable personal estate check to the U.S. Government in lieu of the tax if he thinks it is such a neccessary evil.
Right, as he gives away most of his fortune, thus avoiding said tax. Give me a break....
if this is such a necessary evil then why doesn't he just sign over all his billions to the IRS?
"Screw you workaholics and little people, I got mine."
talk about do as i say not as i do.
Andrew Carnagie and lots of other billionaire industrialists of his era donated most of their wealth before there was ever an estate tax or an income tax.
Neither does Warren Buffet, owner of Berkshire Hathaway. Isn't Jimmy Buffet the No.1 Parrothead?Seriously, people like Buffett and Gates avoid inheritance tax by setting up these charitable foundations that pay no income taxes and they and their heirs are able to live off of the foundations. If Buffett believes so strongly in the inheritance tax ... he should put his gobs of money where his mouth is ... and rescind this ridiculous donation to the Gates Foundation which, by the way is going to be doled out 5% per year, as long as one of the Gates is involved with their Foundation, until Buffett's death .... Optimally it could be twenty years before all of the money goes to the Foundation.
I agree that the inheritance tax is a heinous thing that should be strangled to death. "They" like to pretend that the inheritance tax only hurts really rich people ... but they are dead wrong on that one.
Yeah, he says this after he engineers a way to keep the government from getting the "full" share of his wealth. Goofball.
"FDA not approved? Ok, sell.."
"Put out an upgrade then dump at the open"
Buffet's a smart guy, and I think even a good guy, but his trust in authority is downright foolish.
Amen.
Billionaire Warren Buffett on Monday called for U.S. lawmakers to retain the estate tax, after announcing plans to leave more than $37 billion of his own fortune to charity, not his children.
And, guess what folks? That $37 billion monument to his personal vanity will not be subject to estate taxes! Working families are paying estate taxes so that the mega-rich such as Warren Buffett can erect $37 billion monuments to their egos ESTATE TAX FREE.
"I would hate to see the estate tax gutted," Buffett said at a Manhattan news conference with the Gateses about his donation."
Let's make it optional then. Any takers? and you Mr Buffett? will you pay your fair share?
Perhaps if Berkshire Hathaway had something to do with Mailboat Records, I'd give two (self-censored) what he thinks about the Death Tax.
If I had his spoiled-ass, worthless children, I'd consider giving away my estate, too. My guess is that people are getting sick of GEICO commercials.
STFU, Warren. And thanks for not splitting your idiotic stock. Jerkwad.
The old man works. He dies. He has to pay estate tax. Unless he has bought life insurance, which will cover the estate tax. Who sells that? Warren Buffet. Ok, part B. Old man dies. Has no insurance to pay lovely IRS. Wife, kids whatever are dolts and can't do what the old man did and no one in their right mind is going to loan the dead rich man's kids the money to pay the estate. Guess who specializes in buying unique family run companies from widows and rich kids? Warren Buffet. Nice. The guy is a vulture.
Keeping America's tax system an opaque, unfair, disgrace is good for business at H&R Block - Biggest Owner Buffet's company. What an incredible pig that man is.
The super wealthy don't pay estate tax. They pass their wealth to their family through foundations. Creep.
JIMMY Buffet???
ROFLMAO!!!!!