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To: Ouderkirk
No, sorry. Warren is lying. He has promised some $50 billion to the Bill and Melinda Gates Foundation Trust, a 501(c)(3) tax-exempt entity. He will not liquidate his holdings and pay the capital gains taxes. He will not liquidate his holdings and bequeath them to his children subjecting them to estate taxes. Warren has avoided the messy taxes due business.

In fact, Warren has funded the tax-exempt foundations of his children so that there is no tax due there either. From those foundations, his children can be taken care of generously for life for operating the charity.

Warren is being a hypocrite.

13 posted on 11/13/2007 12:52:35 PM PST by Sgt_Schultze
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To: Sgt_Schultze

when the buffet kids were on Donny (unperfected) Deutch’s show, they admitted that none of them ever finished college.


18 posted on 11/13/2007 12:57:39 PM PST by stan_sipple
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To: Sgt_Schultze
Warren is being a hypocrite.

At the least, more like dishonest.

Reports I've read say that Warren owns highly profitable companies that sell life insurance products that helps protect estates from the inheritance taxes.

If the inheritance taxes were minimized or done away with, that would be one less highly profitable revenue stream for Warren.

22 posted on 11/13/2007 1:02:18 PM PST by RJL
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To: Sgt_Schultze

Ding, ding, ding. We have a winner.


34 posted on 11/13/2007 1:40:10 PM PST by Hoffer Rand
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