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To: sig226
And just think, if Warren so seriously thinks the government needs more of his money, he could send them some money any time he wanted to do so. It’s not like he’s running low on the stuff.

And of course Warren has shifted most of his fortune to the Gates Foundation -- why? To avoid the effects of the "Death Tax" which threatens to loom its ugly head soon. But why is Warren in favor of seeing the Death Tax reinstated? Because Berkshire Hathaway is an insurance company whose primary business over the years has been selling life insurance to the wealthy in order to pay the Death Tax!

Did Brokaw bring up any of these unpleasant issues? Did Congress inquire about any of these minor points of conflict of interest?

10 posted on 11/25/2007 5:56:38 AM PST by ReleaseTheHounds ("You ask, 'What is our aim?' I can answer in one word: VICTORY - victory - at all costs...")
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To: ReleaseTheHounds; SierraWasp; Grampa Dave; editor-surveyor
But why is Warren in favor of seeing the Death Tax reinstated? Because Berkshire Hathaway is an insurance company whose primary business over the years has been selling life insurance to the wealthy in order to pay the Death Tax!

That is a GREAT POINT!

12 posted on 11/25/2007 6:46:18 AM PST by tubebender (The probability of being watched is directly proportional to the stupidity of your act.)
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To: ReleaseTheHounds
Because Berkshire Hathaway is an insurance company whose primary business over the years has been selling life insurance to the wealthy in order to pay the Death Tax!

And, another scheme, one can transfer funds to a beneficiary who would then buy a life insurance policy on his patron. When the patron died, the life insurance payout would not be taxed at all.

15 posted on 11/25/2007 7:46:35 AM PST by GregoryFul (is a bear a bomb in a bull?)
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To: ReleaseTheHounds; tubebender; SierraWasp; BOBTHENAILER; editor-surveyor

The Whoreacle of Omaha continues to show his elite liberalism.

If he and Gates feel so guilty about their massive fortunes, they should give all of to the Salvation Army and go to work in their local Salvation Army to feed and clothe the poor.


19 posted on 11/26/2007 6:23:23 AM PST by Grampa Dave (("Ron Paul and his flaming antiwar spam monkeys can Kiss my Ass!!"- Jim Robinson, Sept, 30, 2007))
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