Saturday, September 17, 2011


From the Huffington Post – noted conservative rag (not!)

A little over two weeks ago, Berkshire Hathaway CEO Warren Buffett, the third-richest person in the world, penned an op-ed critical of the low tax rates for the superrich.  It would seem his own company, Berkshire Hathaway, hasn't prioritized paying its rightful share in a timely fashion either.
Berkshire Hathaway, the eighth-largest public company in the world according to Forbes, openly admits to still owing taxes for years 2002 through 2004 and 2005 through 2009, according to the New York Post. The company says it expects to "resolve all adjustments proposed by the US Internal Revenue Service" within the next year.
Buffett's Berkshire Hathaway owes $1 billion in back taxes…

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