Doesn’t Buffet owe over a billion dollars of back taxes?
Buffet has become the U.S. version of Soros...
Well, Mr. Buffet ain’t running for president, and he doesn’t have the entire U.S. government, every bureaucrat, every staffer, both parties, the entire U.S. media and every globalist government of every liberal infected country on this earth trying to destroy him.
So yeah, I guess he’d be just fine releasing those documents, especially considering that he’s professional Democrat ass kisser.
Buffett has never produced a thing in his life, not even Kirby vacuum cleaners. He just buys large blocks of stock to manipulate the market.
Some years ago, I let a vacuum salesman into my house when he promised to sweep my whole house and give me a book of postage stamps. He dumped a box of soda on the floor and vacuumed it up, and then proceeded to give me a long, poorly memorized sales pitch. I told him to give me the stamps and get the hell out of my house. He tried to weasel so I told him I would call the cops if he didn’t give me the stamps he promised. He handed them over and on his way out said, “I gotta make a living, ya know”. Then he drove off in his junk car and went straight to my neighbors. he was not Warren Buffett.
Buffet. The biggest tax evader out there.
Buffett can STUFF-IT
All buffet has ever done for us is overcharge for Geico and run deadly oil trains through towns instead of safe pipelines. Oh, and support dems.
Buffet was complicit in the plunder of Haiti by the Clinton foundation. His companies made a lot of money there.
Question for Buffet:
If your accountant had you pay more taxes than you had to, would you:
A) Give him a raise; or,
B) Fire his ass.
?
Warren Buffet is the single biggest recipient of the TARP.
Warren Buffet does NOT take a salary as CEO of Berkshire Hathaway.
He gets all his salary from the Dividends of his stock.
Why does Warren do this? To avoid INCONE TAXES.
The taxes are lower on Divident taxes vs income taxes. This is why Warren Buffet has a lower tax rate than his secretary. Warren is deliberately avoiding the income tax.
Buffet is dam liar, and he knows it. Word on the web is that he got caught insider trading. Hence, why he makes dumb remarks that his Secretary pays more taxes than him.
Hey Warren no one is holding you back from writing a check to the IRS. He can pay them as much as he wants, but of course this lying hypocrit does not.
Don’t forget too Buffet is part of the cheap labor express and wants to screw our Republic with RIGGED TRADE AGREEMENTS. That are command and control economies. The only true free trade we have is between the States.
go ahead billionaire buffet, who takes such a relatively small amount of income to your massive wealth every year. release them. it’ll be a good starting point for tracking your investments and property over the years. i’ll admit, i’m curious.
I rate Buffett as a “Corporatist” insider who believes in a world economic system-world political system.
Trump should start taking the language Nigel Farage has given us to describe the political system and re use it with attribution.
Aren’t Buffet’s investments/speculations leveraged against the taxpayer?
Buffett’s personal net worth is derived from his control of Berkshire Hathaway, a public company. To understand Buffett’s taxes you must look at Berkshire’s taxes as well as Warren’s Trump’s businesses are private and his business income is taxed as personal income. Comparing Warren’s personal return to Trump’s is like comparing apples and oranges.
To understand Buffett’s business taxes look at Berkshire. As of its 2015 annual report the company has $63 billion in deferred taxes on its balance sheet. These are taxes it reported in its financial statements over years but has not yet paid out. In 2015 Berkshire reported earnings of $210.8 billion and income before taxes of $35 billion. In Berkshire’s financial statements the company said its “hypothetical” federal tax bill, at the federal statutory rate, was $12.5 billion on the $35 billion in earnings. It reflected a tax expense of $10.5 billion on its income statement, a reduction of two billion due to various allowable deductions. It is notable the company’s actual cash payments to the government totaled $5.7 billion, not the hypothetical statutory taxes of $12.5 billion or the $10.5 billion tax expense it reported to its shareholders. No, Berkshire paid in cash $5.7 billion for its tax obligation because, like Trump’s business, it took full advantage of the tax code.
If the press were really interested in Buffett’s business interests journalists would ask Buffett about the $63 billion in deferred taxes on Berkshire’s balance sheet, an amount that grows every year. If Buffett is so concerned about corporations and individuals paying their fare share he is free to go ahead and pay the $63 billion. Instead, like Trump said, Buffett takes full advantage of every provision of the tax code to minimize and delay his business tax bill.
If we had real journalists they would be digging into Bershire’s returns and questioning Buffett about the differences between reported tax expense and actual taxes paid . A real journalist would also ask Buffett if he had been Trump in 1995, would he have reflected the $900 million loss as a deduction or would he have omitted the deduction and paid whatever taxes were owed.
It is ironic the $63 billion in deferred taxes reported on Berkshire’s balance sheet is many times Trump’s entire net worth.
Screw you Buffett you Democrat pig, you used the capital losses carryover many times so don’t tell us what is “massive” or play Bill Clinton word games or about 2015 you phony turd. And you support Hillary because she is just another giant kickback in crony capitalist profits for you and because you have a cut in the game when she goes to war with Russia and helps ISIS attack Russia because you got your hands in it and in looting Russian natural resources. We are sick of phony hedgefunds that pay for Chesea’s mansions in NYC and stop promising the Clinton’s you are going to pay for fixing Chelsea’s teeth.
We had a Kirby we picked up at a garage sale. I maintained it for years with whatever I could get for parts that worked. It was multi colored. Along comes the Kirby cleaner/salesman to do a couple of rooms for me. So I let him do his thing and, when he started the sales pitch, I told him I already had a Kirby. He asked to see it and, when I pulled it out, I thought he was going to have a coronary. He wanted to know where I got it, and where I took it for maintenance. I told him that was none of his business and when his office set up the appointment no one asked if I had a Kirby. He was close to blowing a gasket when he left. So much four of Kirby. Funny thing, the next year I got another cleaning offer.
Warren Buffett’s Nifty Tax Loophole
Warren Buffett has backed higher individual tax rates–while ensuring that his vast wealth in Berkshire Hathaway is almost immune.
http://www.barrons.com/articles/warren-buffetts-nifty-tax-loophole-1428726092
Warren Buffett’s Berkshire Hathaway Owes Taxes Going Back To 2002
http://www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire-hathaway_n_941099.html
Buffett’s Billions Can’t Buy Him Exemption From His Tax-Averse Past
Warren Buffett’s Tax Whopper
Obama’s business front man finances ‘corporate deserters.’
http://www.wsj.com/articles/warren-buffetts-tax-whopper-1409095917
Warren Buffet is your quintessential crony capitalist. He has no problem climbing into bed with a skank like HRC.