Wednesday, November 28, 2012

Warren Buffett Doesn't Tell You About How He's A Master Of Tax Avoidance

In a NYT Op-Ed today, Warren Buffett argued that the rich should pay a certain minimum tax, and he explained to activist Grover Norquist that it's preposterous to think that businessmen would forgo profitable deals merely because the rate of tax on the profits would go up.... - Joe Weisenthal/Business Insider
A Master of Tax Avoidance - Greg Mankiw has a short post talking about Buffett as a master of "tax avoidance," wherein he lists four things Buffett does to avoid paying taxes.