[CruiseMates]

This is an older piece, but it is timely with Buffet calling out DJT to compare tax records. It seems both Billionaire's are paying what the law dictates, but in Buffet's case he is holding back far more revenue for the "Military, Vets and Children of America" than DJT.

[Lurking Libertarian]

Headline is terribly misleading— “income” and “net worth” are very, very different things.

[Toddsterpatriot]

Warren Buffet Only Pays .05% tax on his income....Buffett’s $39.8 million of taxable income is only about 0.05% of his reported net worth

Income is not net worth......

And you shouldn't alter the title.....aside from your error.

[Campion]

Conservatives should boycott every part of Buffett’s empire at every opportunity.

[Admin Moderator]

Please do not alter the title. It makes Search not work and results in duplicate postings. Thanks.

[God luvs America]

posted these yesterday:

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

http://www.forbes.com/sites/realspin/2012/11/30/buffetts-billions-cant-buy-him-exemption-from-his-tax-averse-past/#76a8cbb449b0

Warren Buffett’s Tax Whopper
Obama’s business front man finances ‘corporate deserters.’

http://www.wsj.com/articles/warren-buffetts-tax-whopper-1409095917

[DoodleDawg]

...but in Buffet's case he is holding back far more revenue for the "Military, Vets and Children of America" than DJT.

How do we know that?

[Intolerant in NJ]

If I understand Buffet’s scam correctly, basically the value of his stock is so high because he doesn’t distribute many dividends or capital gains brought in by the underlying assets which are held in his shares - thus he doesn’t have to pay taxes on that income and it is built up instead in the value of his shares - pretty slick - he could certainly pay lots more if he were really concerned about “fairness” in the tax code......

[norwaypinesavage]

The article should also point out the lie about Buffet’s “secretary's” salary. He brags that the “secretary” pays a higher tax rate than he pays. His “secretary” is actually an executive at his company. The total salary is north of a quarter million a year, making the secretary a “one percenter”. There is little to dodge for someone on a salary, so the “secretary” pays the top income tax rate in the country.