Warren Buffett: Tax Dodger


I’ve mentioned before that I hold Buffett in utter and complete contempt for his dishonest and disingenuous stance on taxing the “rich” (even though I may have said it less plainly – if so, I apologize and hereby adopt this more straightforward language.)

But even at my most critical, even at my most contemptuous, even at my most cynical, I didn’t expect him to be an outright tax dodger. If he wants higher taxes for everyone else, don’t you think he’d at least step up to the plate and pay what he currently owes right freaking now?!? Well, if you thought that, you’d be wrong. Mr. Holier Than Thou, Mr. I Want To Support Our Illustrious Government With My Vast Wealth is dodging his tax bill. [redacted.]

This one’s truly, uh … rich: Billionaire Warren Buffett says folks like him should have to pay more taxes — but it turns out his firm, Berkshire Hathaway, hasn’t paid what it’s already owed for years.

That’s right: As Americans for Limited Government President Bill Wilson notes, the company openly admits that it owes back taxes since as long ago as 2002.

“We anticipate that we will resolve all adjustments proposed by the US Internal Revenue Service (“IRS”) for the 2002 through 2004 tax years … within the next 12 months,” the firm’s annual report says.

It also cites outstanding tax issues for 2005 through 2009.

Obvious question: If Buffett really thinks he and his “mega-rich friends” should pay higher taxes, why doesn’t his firm fork over what it already owes under current rates?

Likely answer: He cares more about shilling for President Obama — who’s practically made socking “millionaires and billionaires” his re-election theme song — than about kicking in more himself.


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Queen Hotchibobo
I was born in Saginaw, Michigan, and I grew up in a house on Saginaw Bay. My daddy was a poor, hardworking Saginaw fisherman. Too many times he came home with too little pay.

Naw, not really, but it sounds more interesting than the real bio, so there you are.

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August 31, 2011 11:16 am

The typical liberal, say one thing, do another. Someobody get a rope.

August 31, 2011 11:22 am

He has also admitted that government intervention has been the proximate cause of much of his wealth. That’s why he shills for big government. He is big government’s fence. He profits on what government steals or wrecks from others.

August 31, 2011 12:29 pm

And once again, the liberals engage in “Do as I say, not as I do” behavior.”

Not only are these yahoo’s able to cut a larger check to the government anytime they want to if they feel that undertaxed, they don’t even pay what they’re supposed to.

Add Warren to a list that includes Secretary of the same department that *collects* taxes, and Tom Daschle.

If the MFM wasn’t so wholly in the tank for these clowns, the public would be up in arms.