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tight lines

The Buffet tax plan

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Its interesting that Warren Buffet thinks he doesn't pay enough taxes. Apparently the IRS agrees with him. I guess the reason he has no problems with tax rates being raised is that he doesn't plan on paying them anyway.

“We anticipate that we will resolve all adjustments proposed by the US Internal Revenue Service (“IRS”) for the 2002 through 2004 tax years ... within the next 12 months,” the firm’s annual report says.It also cites outstanding tax issues for 2005 through 2009."

http://www.nypost.com/p/news/opinion/editorials/warren_buffett_hypocrite_E3BsmJmeQVE38q2Woq9yjJ#ixzz1WRoIlYSf

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