In response to:

Meet Our New Noble, Baron Buffett

rficara Wrote: Jan 07, 2013 7:49 AM
Buffet and the other pseudo capitalists (raking in subsidies) all SAY they should pay more but Buffet is still fighting a $100 million tax bill. Why not just LET them have it? His secretary has a higher rate because he "pays" himself less than $100k/yr and her over $150k/yr. She's in a higher "progressive tax" bracket. HE lives in dividends (coupon clipping) and pays no more than 15% in tax on his many million of bucks a year. Watch his tone change if they either try to tax dividend income at the normal rate or institute a "wealth tax" (REAL redistribution) and start tracking his money down and just STEALING it for "the common good". That will wake him up;. Ray from Bloombergia NRA Life
MoreFreedom Wrote: Jan 08, 2013 2:10 PM
Buffet is no longer a real capitalist, and instead has turned to crony crapitalism. His bringing up tax rates and the "Buffet rule" is what he does as a favor for Obama (and is worth much more than a few thousand dollars in contributions). Reason did a fine article on his crony crapitalist deals: http://reason.com/archives/2012/02/09/warren-buffett-baptist-and-bootlegger

The Baptist and bootleger analogy is appropriate. What he says, and what he does is contradictory.
Ron781 Wrote: Jan 07, 2013 4:01 PM
I would seve Warren right but it is of no use...

If we took all his money it would be used up in a day or two at the Fed spending rate.
scott s. Wrote: Jan 07, 2013 4:00 PM
I don't believe Berkshire pays any dividend, nor does Buffet sell his shares, so no tax implications. However, Buffet did create the "Class B" non-voting shares and gave much of his equity to the Class B. Then he set up a plan to donate the Class B shares to Bill Gate's foundation so he gets charity deductions as that stock is transferred. Since the Class B is non-voting, no danger of Buffet losing control.
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