Posted on 06/26/2006 7:11:10 PM PDT by AmericanMade1776
NEW YORK (Reuters) - 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.
Buffett spoke after agreeing to sign over roughly $30.7 billion of his $44 billion fortune to the Bill & Melinda Gates Foundation, run by the Microsoft Corp. chairman and his wife, and another $6.4 billion to foundations on behalf of his late wife Susan and his children.
"I would hate to see the estate tax gutted," Buffett said at a Manhattan news conference with the Gateses about his donation.
(Excerpt) Read more at news.yahoo.com ...
Taxes are for the little people or didn't you get the memo?
That's o.k. ... it gave me a good laugh. Someone made the exact same mistake on another thread ... just shows how seriously FReepers taks Warren Buffett! LOL
If he believes people are choosing which wombs to inhabit, perhaps he's senile already. We know he's Communist already by his words.
Buffet's a smart guy, and I think even a good guy, but his trust in authority is downright foolish.
I thought it was funny too, that I made that mistake.
Now I wonder how Jimmy Buffett feels about the Estate Tax ..ha!
Nailed it.
IT WASSN"T A MISTAKE!, I DID IT ON PURPOSE, because I think it's funny (think Andy Kaufman here - apparently). It's even funnier to see how many just have to post the "correction". LOL
I believe that this is the first time in US history that worlds second richest man has decided that the best thing he can do with his money is to give it to the worlds richest man.
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?
You don't get it. A Liberal is somebody who is very generous with OTHER people's money
you know..I don't care what Warren Buffett does with his money, I just wish he would stay the hell out of what I want to do with my money.
good socialist dogma dictates that the government is so much wiser in knowing how to spend your money than any individual. hillary and her treasonous gang should decide how to spend the omaha oracle's money not mr. gates.
I agree..if Buffett wants his heirs to pay "estate tax" let him put it in his will, and I will put in my will what I want my heir to do.
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.
Perhaps I would find it more amusing if I had ever heard of Andy Kaufman. Sorry ... if it's popular culture it is not part of my world.
"Thank you verry muchh"
I don't think Buffett is a "good guy," or even that great a businessman. His school of investing loves monopolies and other safe, protected entities. He's not really an entrepreneur or innovator at all; those are the people who really create wealth for the whole population in the long run.
As for why he doesn't just give his money to the IRS: Remember, this guy supported Kerry. He would probably be offended that some of his money would be spent on things like defense. By giving it to the Gates Foundation, he's assured that much, if not most, goes to liberal causes like abortion and environmentalism.
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