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The Water Cooler
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Buffett's hypocrisy
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<blockquote data-quote="RickN" data-source="post: 1606436" data-attributes="member: 8854"><p>Some of you remember the glee from the left when Warren Buffett said they should raise his income taxes because he pays a lower rate then his secretary. You also know Buffett pays mostly capital gains taxes while his secretary pays regular income tax.</p><p></p><p>Well it turns out Buffett's company has been fighting for years to LOWER their tax rate.</p><p></p><p></p><p></p><p>So Buffetts company is still battling with the IRS to minimize its taxes as far back as 2002. The amounts in dispute are substantial:</p><p></p><p></p><p></p><p><a href="http://www.berkshirehathaway.com/2010ar/2010ar.pdf" target="_blank">http://www.berkshirehathaway.com/2010ar/2010ar.pdf</a></p></blockquote><p></p>
[QUOTE="RickN, post: 1606436, member: 8854"] Some of you remember the glee from the left when Warren Buffett said they should raise his income taxes because he pays a lower rate then his secretary. You also know Buffett pays mostly capital gains taxes while his secretary pays regular income tax. Well it turns out Buffett's company has been fighting for years to LOWER their tax rate. So Buffetts company is still battling with the IRS to minimize its taxes as far back as 2002. The amounts in dispute are substantial: [url]http://www.berkshirehathaway.com/2010ar/2010ar.pdf[/url] [/QUOTE]
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