Speaking of Buffet

iVillage Member
Registered: 07-09-2011
Speaking of Buffet
17
Tue, 08-30-2011 - 4:11pm

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iVillage Member
Registered: 08-12-2011
Tue, 08-30-2011 - 4:51pm

It's amazing these hypocrites can look themselves in the mirror.

iVillage Member
Registered: 04-09-2011
Wed, 08-31-2011 - 12:07pm

Berkshire Hathaway pays taxes each year. It is the final amount of tax that is disputed, and could result in an *additional* payment of 1 billion.

iVillage Member
Registered: 04-09-2011
Wed, 08-31-2011 - 12:10pm

BH is also a publicly traded company. As such, it has a fidicuary responsibility to stockholders. That means Buffett can't just say 'hey, I'll pay more taxes!'

iVillage Member
Registered: 07-09-2011
Wed, 08-31-2011 - 12:41pm

"Berkshire Hathaway pays taxes each year. It is the final amount of tax that is disputed, and could result in an *additional* payment of 1 billion."

iVillage Member
Registered: 07-09-2011
Wed, 08-31-2011 - 12:46pm

"BH is also a publicly traded company. As such, it has a fidicuary responsibility to stockholders. That means Buffett can't just say 'hey, I'll pay more taxes!'"

iVillage Member
Registered: 08-12-2011
Wed, 08-31-2011 - 12:56pm

BH is also a publicly traded company. As such, it has a fidicuary responsibility to stockholders.

Why isn't that heard more often from the left when they're complaining about companies that ship jobs overseas?

iVillage Member
Registered: 07-09-2011
Wed, 08-31-2011 - 2:03pm

That's an excellent point. In any other situation the left will claim companies should be happy to pay 'just a little bit more' and the shareholders shouldn't mind getting less returns, which of course we all know is nonsense.

iVillage Member
Registered: 04-09-2011
Wed, 08-31-2011 - 7:20pm

Um, a case would not be 'disputed' or be in litigation if they admitted they owe the money. Buffett just put 5 bx into BoA. The money is there. This isn't a case of negligence, improper management, or anything of the sort. Nice try by the right though. Oh, what a hornet's nest Buffett stirred up 'its our money, and how dare you talk about taxing our money! Take it from the poor, the mooches!'

iVillage Member
Registered: 04-09-2011
Wed, 08-31-2011 - 7:25pm

Any evidence they aren't following the laws? There is a difference of opinion about the law, and that happens all the time... is what courts and attorneys are for.

iVillage Member
Registered: 04-09-2011
Wed, 08-31-2011 - 7:28pm

Because there is a buyers side as well. There is more than one way to make a profit...if costs are higher, you charge more, and that falls on the rest of us, but I'd rather pay more than see our jobs disappear, and whether left or right, believe we can agree on that point. if we can't, then the right had better stop trying to call the left unpatriotic, because... they've got it backwards.

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