Doesn’t Buffet owe over a billion dollars of back taxes?
That is my understanding.
Buffet is a crook as well as a hypocrite. Most of his vaunted business acumen is in sucking up to his buddies in big government. Crony capitalism at work.
Buffet owns a series of mortgage companies that prey on low income borrowers, especially with mobile homes, in a particularly egregious fashion.
Probably - was a old story about his secretary paying more taxes than him. Plus, he has a lot of stuff hidden away behind a lot of offshore "corporations"....
The guys has $66 Billion in assets and only declares 11 million in taxable income????????
The return is .0167%. Way less than Treasury bonds.
That means the income is being hidden.
This statement is evidence of gaming the system.