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Liberalism: Why think when you can “feel”?

Delicious irony of the day, “Warren Buffett’s taxes” edition

You think maybe billionaire Warren Buffett, the guy whose team of accountants are hired to minimize his tax liability while he complains about not paying enough taxes, might want to pay his own friggin’ taxes before he opens his cakehole about everyone else paying their “far share”?

Excerpt:

NetJets Inc., the private-plane company owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), was countersued by the U.S. over $366 million in taxes and penalties.

NetJets in November sued the U.S., saying the federal government had wrongly imposed taxes, interest and penalties totaling more than $642.7 million.

Claiming the federal Internal Revenue Service wrongfully assessed a so-called ticket tax — an excise tax on payments made in exchange for air transportation — to private aircraft owners maintaining their own planes, the Columbus, Ohio-based company demanded refunds and abatements.

The federal government, in a revised answer and countersuit filed yesterday in federal court in Columbus, rejected NetJets’claims and alleged that four of the company’s units owe unpaid taxes and penalties.

Heh.

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March 10, 2012 - Posted by | irony, taxes, Warren Buffett

3 Comments »

  1. I heard this story yesterday and my blood boiled. What’s really got me hot was win a friend of mine, who earns very little, and is liberal, paid no income tax this year and got tax credits as well and then runs their mouth how the rich should pay their fair share since they benefit from America’s blessings. Libs don’t understand we all benefit from America’s blessings, and we all need skin in the game of America’s recovery. As long as 50% of Americans pay no income tax and 10% pay 98% of all the income tax collected, there will be problems.

    Comment by Steve | March 10, 2012

  2. […] Delicious irony of the day, “Warren Buffett’s taxes” edition (crushliberalism.com) Share This:TwitterFacebookStumbleUponPinterestDiggMoreLinkedInTumblrRedditEmailPrintLike this:LikeBe the first to like this post. This entry was posted in Politics and tagged Buffett Rule, Internal Revenue Service, Warren Buffett by Sarah Roman. Bookmark the permalink. […]

    Pingback by Warren Buffett’s ‘NetJets’ Countersued by U.S. for Unpaid Taxes | American Freedom | March 10, 2012

  3. You would think he would pay his taxes so that his remarks could be taken a little serious, of course his secretary pays. Ore taxes than he does he doesn’t pay any of his.

    Comment by Jose Efrain Viñas | March 10, 2012


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