However he has made alot of money on the inheritance tax on wealth in this country.
He bought companies that founders families had to sell to pay death taxes.
Now he has shown his hand by investing 5 billion in Goldman with a chance to buy more at a steal of a price. It would be worthless unless they get US guarantees
looking to steal assets from AIG. What a month for him and the Goverment.
Not only does he buy-up what death taxes force heirs to sell, he has an “insurance” product to help estates pay the taxes when the founder dies.
Buffet is against ending the death taxes because they are so beneficial to him.
Thank you...Doesn’t that frost you?
We have 535 mostly crooked congresscrooks (and one idiot socialist leaning...and I am being polite...president) who are there to look after their own money interests. It has nothing to do with we the people.
All these things can be nipped in the bud. No excuse other than the congresscrooks are on the take too and don’t want it nipped in the bud.
Congress is their very own get-rich-club.
Have you noticed that a lot of them live fancier lives at our expense than some European royalty? Free plane tickets, limos, bodyguards for fear that we the people may blow their heads off and not someone else...and many, many other very expensive perks?
If I sound angry, I am.
Buffet is devious and I am tired of people singing his graces....