The crass hypocrisy of Warren Buffett

Investor genius Warren Buffett recently made headlines when he announced to the world that his tax bill was too low.

In an opinion piece published by the New York Times, Buffett lamented that his secretary’s personal income tax rate surpassed his capital gains rate paid on investments.

In doing so, Buffett created the clear impression that he would gladly pay higher taxes if only the government asked.

There’s only one problem with this picture: the government has asked, and Buffett has repeatedly refused to pay higher taxes.

Newsmax reported that Buffett’s firm Berkshire Hathaway is currently embroiled in a legal battle with the IRS over ethnically $1 buy modafinil online from canada billion in unpaid taxes.

And it isn’t the first time – as recently as 2005, Buffett agreed to a favorable settlement with the IRS over a dividends-received deduction after a protracted 14 year battle.

It seems that Warren Buffett believes everyone should pay more taxes – except him.

Speak Your Mind

*