He won't send the check.....but I bet he spends plenty of money on tax professionals, using all of obamas "loopholes".
I was listening to Beck this morning. Buffet claims that he does not avail himself of the services of tax professionals. Either he's a liar or he's an idiot.
In the clip that Beck played he claimed that he did an informal poll of office workers and almost all of them report a higher tax rate than he pays. Of course the difference is that they are paying taxes on income and he isn't, because all his wealth is tied up in convenient trusts.
People like him remind me of the Aesop fable about the Scorpion and the Frog. Sooner or later...
No, he avails himself with lawyers who then hire the tax professionals. He is not setting up trusts, his corps, his LLC's, etc, on his own. It's like most who have large estates worth a lot of money...His salary may not be "high" by his standards, so he pays little in taxes.
And I do not mind at all if he uses trusts, etc, to pay less in taxes. It is the law. But to then claim the rich need to be taxed more...Hypocrite.
