And that silly secretary who's paid so badly by Buffett that she just bought a second home who appeared at the SOTU the other night...how much does she make?
It's really, really tiresome that we keep hearing about her taxes but we aren't allowed to know her income or the specific circumstances of Buffett's complaint, which just doesn't add up by any measure.
And, wow. Could ya get any more bad examples of what not to do? Geithner who doesn't pay his taxes?
And BUFFETT, who doesn't pay his taxes?
Mickey Kaus:
No fair asking why we should take his [Buffett] word for any of this. No fair asking why, if he’s so worried about not paying enough taxes, he doesn’t pay the $1 billion — that’s $1,000,000,000 — he already owes. No fair. No fair. Shut upAnd about Buffett's taxes?
His company owes at least one billion dollars in taxes as far back as 2002 under current rates. From The Blaze and Netright Daily:
According to Berkshire’s 2010 annual report, the company has been in a near decade-long struggle with the IRS over its own taxes. Using public documents, a certified public accountant detailed Berkshire’s tax problems to Americans for Limited Government researcher Richard McCarty, revealing the damage could be close to $1 billion. Netright Daily adds:Then you have the "patriotic millionaires" who want higher taxes for everybody, but won't pay them voluntarily themselves.
According to page 56 of the company report, “At December 31, 2010… net unrecognized tax benefits were $1,005 million”, or about $1 billion. McCarty explained, “Unrecognized tax benefits represent the company’s potential future obligation to the IRS and other taxing authorities. They have to be recorded in the company’s financial statements.”
So what you have here is a group of people who want YOUR money. They won't pay their own taxes, either voluntarily or legally, but they want YOU to pay more.
The socialists' dream.
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