Warren"ScrewAmerica"Buffett screws again. This time on estate tax. | TigerDroppings.com

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NC_Tigah
LSU Fan
Member since Sep 2003
51391 posts

Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


quote:



Berkshire buyback seen clashing with estate tax push

Ben Berkowitz and Lauren Tara LaCapra
Reuters
5:45 p.m. CST, December 12, 2012


(Reuters) - Warren Buffett's $1.2 billion share buyback from a single unnamed investor likely helped that person's estate save substantially on taxes, just one day after the Berkshire Hathaway CEO said the rich should actually be paying more, not less, when they die.

With the "fiscal cliff" looming and estate taxes set to rise dramatically in less than three weeks, the timing was seen as advantageous - and, according to Berkshire watchers, also out of place in the context of Buffett's recent tax activism.

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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16347 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


No wonder Dems blow this fricking Omaha fossil, he is the standard bearer for their do as I say not as i do mantra.





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Janky
LSU Fan
Team Primo
Member since Jun 2011
7765 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


Whether the estate holds stock or cash it should be the same right? Not sure how this made any difference.





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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
4488 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


Warren "Former NAZI Youth Brown Shirt Member" Buffet strikes again... big surprise.





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Malik Agar
USA Fan
Member since Nov 2012
655 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


quote:

Warren "Former NAZI Youth Brown Shirt Member" Buffet strikes again... big surprise.

He was a Nazi?






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Blakely Bimbo
Alabama Fan
Member since Dec 2010
1078 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


You know, when I heard this today I was wondering if the estate that sold was his ex wife. She died in 2004. I wonder if the name of the seller will ever be revealed.







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Cajun Tigah
LSU Fan
Tennessee Mountains
Member since Jan 2005
2776 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


Correct me if I am wrong, but I think you are referring to George Soros.





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el duderino III
Texas Fan
austin
Member since Jul 2011
1517 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


he gets more and more openly liberal as he gets closer to death. guilty white people gonna be guilty.





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NC_Tigah
LSU Fan
Member since Sep 2003
51391 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


quote:

he gets more and more openly liberal as he gets closer to death. guilty white people gonna be guilty.
Liberal isn't the problem. I take no issue at all with libs as long as they walk the walk. Buffett does not.

Though perhaps not licentious to the level of Soros, Buffett continues to use a manufactured image as a "Great American" to cover activities that are at best amoral with regard to American interests. Admittedly the OP title is a bit overstated. Buffett doesn't actually impress me as a ScrewAmerica anti-American. He is more neutral-American. I'd guess he doesn't care much about America one way or another other than as a stable market platform.

The real problem comes when someone of his ilk involves himself in politics. The inevitable result is unseemly at best. In this case at the same time Buffett is promoting taxes as American's duty, he's scheming to contribute virtually nothing of his $57 Billion to the Country or taxes. In fact, it appears he's planning for most of it to be sent to other countries.






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MFV
LSU Fan
Member since Oct 2008
708 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


Buffet supports higher estate taxes because he sells life insurance that helps re-imburse heirs for cost of said taxes.





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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
4488 posts

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.


quote:

Correct me if I am wrong, but I think you are referring to George Soros.


oh yeah, sorry, i was. I get fricktards confused late at night.






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