Neither does Warren Buffet, owner of Berkshire Hathaway. Isn't Jimmy Buffet the No.1 Parrothead?Seriously, people like Buffett and Gates avoid inheritance tax by setting up these charitable foundations that pay no income taxes and they and their heirs are able to live off of the foundations. If Buffett believes so strongly in the inheritance tax ... he should put his gobs of money where his mouth is ... and rescind this ridiculous donation to the Gates Foundation which, by the way is going to be doled out 5% per year, as long as one of the Gates is involved with their Foundation, until Buffett's death .... Optimally it could be twenty years before all of the money goes to the Foundation.
I agree that the inheritance tax is a heinous thing that should be strangled to death. "They" like to pretend that the inheritance tax only hurts really rich people ... but they are dead wrong on that one.
i made a mistake..I knew it was Warren Buffett...oops...not Lulu's brother.
Neither does Warren Buffet, owner of Berkshire Hathaway. Isn't Jimmy Buffet the No.1 Parrothead?
And WARREN seems to be a BIRD BRAIN.
Perhaps they ARE related?