I already knew Warren Buffet was a fool, but I didn’t know until now that he’s also a hypocrite. It turns out that the man who begs the U.S. government to raise taxes on wealthy folks has an ongoing tax liability at the company he runs. Berkshire Hathaway’s own auditors believe the company owes the IRS more than a billion dollars in unpaid taxes.
The grisly facts of Buffet’s situation are laid out in an article by a website run by Americans for Limited Government. It’s not a pretty picture if you’ve been a fan of the Wizard of Omaha. (Download the PDF of the Berkshire Hathaway annual report to see the specifics on Page 54.)
In Buffet’s opinion piece for the New York Times, he said:
“Most [wealthy people] wouldn’t mind being told to pay more in taxes as well, particularly when so many of their fellow citizens are truly suffering.”
It sounds to me as though Buffet is less worried about the suffering of his “fellow citizens” than he is in influencing politics. As I’ve pointed out before, Buffet is very welcome to contribute his own money to pay for big government if he’d like. He’s even more welcome to pay up the billion dollars that his company’s own auditors believe the company is likely going to owe. Since he’s not doing either of these, it suggests something else.
The real crime is how CNN is trying to manipulate what you believe
Without community, we no longer know each other, in life or death
Walls built to protect heart keep others from giving what we need
I’m terribly sorry to break it to you, but straw polls mean nothing
If there are exceptions to free speech, it’s not really free speech, is it?
Why did I really feel annoyed? They were happy; I was jealous
You can’t see inside my heart, but my words invite you to know me