someone say tax aversion...oh, inversion...never mind.
Don’t tax you,
Don’t tax me,
Tax the man,
Behind the tree....................
You mean! You mean! Warren Buffett isn’t really the kindly old man handing out treats to little kids?
You know, if Buffet really feels that way, then let him and his uber-rich friends take out their checkbooks and write Uncle Sam a huge check. Otherwise, STFU because taxes in this country are crushing everyone from small businesses to those of us on fixed incomes, not to mention the adverse affects on business formations.
Abandon ship!!!! Everyman for himself!!!!
So Warren Buffet must have paid the IRS the millions he was challenging as owed.
At Buffett’s level of wealth, you can’t avoid politics. He knows which tune he should sing.
I lost all respect for him when he pulled his behind-the-scenes, crony-capitalist investment in Goldman Sachs and GE Finance, immediately before the US Treasury and the FED bailed both out.
Buffett was talking about the Personal Income Tax to which he is likely not even subject. He doesn’t have to take any “income,” what with the megamillions in Capital Gains available to him. Billionaires are not so long sighted as they think when they ally with the politicians. The politicians, when they have attained the control they seek will render the billionaires either dead or much reduced figurehead puppets as Herr Hitler and Associates did. Of course that doesn’t apply to the old guys like Buffett and Soros but the Silicon Valley crowd will hit that wall eventually and eventually seems set to come pretty quickly now.
Reminds me of George Soros, who says that making profits by shorting foreign currency ought to be illegal, even though he made his fortune by shorting foreign currencies.
obammer is counting on American’s being stupid and blind to know the connection between his administration and Buffet. No different than him saying, “let me be clear...” and doing the exact opposite from what he says.
I have been getting very frustrated watching America’s destruction from within...I might just move to Canada myself.
I read somewhere once that Canada would be the last western civilized nation to go down the tubes.
When I was a kid they called it “talking out of both sides of your mouth”
IOW buffett says “SUCKERS!”
talk about moral hazard.
This is the mortgage crisis all over.
Taxes are so confiscatory so only the cronies are allowed to avoid them.