Posted on 03/09/2012 1:50:28 PM PST by NoLibZone
One of Warren Buffett's Berkshire Hathaway holdings, NetJets (a private aircraft company), is being countersued by the U.S. government for at least $302 million in taxes and penalties, Bloomberg reports.
This story is bound to attract some attention, since Warren Buffett has been so outspoken about every American paying their fair share of taxes. And it's a really hot headline to be sure — but there's a little more to the story.
Notice, the U.S. government is counter suing.
Back in November, Bloomberg also reported that NetJets was suing the U.S. government for excise taxes and penalties levied against the company to the tune of $642.7 million. They said that the IRS had incorrectly assessed the "ticket tax", which is an excise tax on payments made in exchange for air transportation.
Read more: http://www.businessinsider.com/one-of-warren-buffetts-companies-is-being-countersued-by-the-us-government-for-6427-million-in-unpaid-taxes-2012-3#ixzz1oeuKV9SO
(Excerpt) Read more at businessinsider.com ...
The call to ramie taxes on the rich is a ruse to burden the middle class for DNC vote buys.
“Warren Buffett’s Berkshire Hathaway Owes Taxes Going Back To 2002”
The call for taxing the rich from Celebrities and wealthy Democrats only creates a deficit that the middle class has to cover.
The wealthy have teams of tax lawyers the middle class do not.
The call to raise taxes on the rich is a ruse to burden the middle class with DNC vote buys.
“Warren Buffett’s Berkshire Hathaway Owes Taxes Going Back To 2002”
The call for taxing the rich from celebrities and wealthy democrats only creates a deficit that the middle class has to cover.
The wealthy have teams of tax lawyers the middle class cant afford to use.
Maybe we can get his secretary to cover the tab?
The same old Democrat game of :
Do as I say—Not as I DO!
They make plenty of rules for us, but them refuse to follow such rules themselves.
The same old Democrat game of :
Do as I say—Not as I DO!
They make plenty of rules for us, but then refuse to follow such rules themselves.
Shut up and write a check Warren.
Write a check Warren, you f-ing hypocrite.
Buffett is a fraud, and his personal life is a shambles.
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