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Warren Buffett Owes 1 Billion in Back Taxes

Home - by - December 3, 2012 - 09:30 America/New_York - 18 Comments

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Higher taxes. They’re for other people. People who don’t have Obama’s private phone number.

There are are two recent cases where Warren has done everything possible to AVOID paying taxes that he actually owes. The first case involved a 14-year fight over the dividend-received deduction that was finally settled with the IRS in 2005. The second case is still pending after 10 years in which he owes just over $1 BILLION in back taxes.

 

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» 18 Comments

  1. Hank

    December 3rd, 2012

    First useful idiots, now useful Sages.

    Thumb up +3

     
  2. chillis65

    December 3rd, 2012

    Liberals. Do as we say. Not as we do.

    Thumb up +8

     
  3. Dr. Tar

    December 3rd, 2012

    So I see Jughead has award Buffett the Peoples Dupe award. Congrats Warren, now make with the dough you rich Capitalist bastard. Remember elections have consequences and that included you.

    I wonder if the sage of Omaha saw this one coming?

    Thumb up 0

     
  4. Anonymous

    December 3rd, 2012

    Who said Buffett isn’t a card-carrying CPUSA member?

    Thumb up +5

     
  5. BILL

    December 3rd, 2012

    i wish i owed the irs a billion dollars.

    i wouldn’t pay it either.

    buffet = hypocrite

    Thumb up +7

     
  6. Stirrin the B.S.

    December 3rd, 2012

    Haves and have-nots. Ruling class and proletariat. Welcome to Amerika.

    You Obumphuk voters are IDIOTS.

    Noteworthy Comment Thumb up +11

     
  7. MADJACK

    December 3rd, 2012

    Listen all you little peons out there in fly over country, do as I command you, not as I do!

    Thumb up +5

     
  8. Blink

    December 3rd, 2012

    Isn’t Buffet the POC who said his secretary paid more taxes than he does? Now we why.

    Thumb up +6

     
  9. RANDO

    December 3rd, 2012

    He earned that medal.
    Like barry earned his.

    Noteworthy Comment Thumb up +11

     
  10. eternal ¼ cracker p

    December 3rd, 2012

    So.. the “Buffet Tax” is simply a way for the rest of us to pay for Warren’s back taxes? I guess it makes sense now.

    Thumb up +1

     
  11. Rick

    December 3rd, 2012

    Tax “avoidance” is not tax “evasion.”

    Capone went to jail for tax evasion, we all do tax avoidance. Buffett just does it on a grander scale than you or I.

    For saying “rich people need to pay more” he’s pretty much an asshole.

    Thumb up +8

     
  12. eternal ¼ cracker p

    December 3rd, 2012

    So.. the “Buffet Tax” is simply a way for the rest of us to pay for Warren’s back taxes? I guess it makes sense now.

    (trying a repost, the iotw spam filter seems to be on me lately)

    Thumb up 0

     
  13. hanoverfist

    December 3rd, 2012

    Take it all from him and let him be a greeter at Wal Mart.

    Thumb up +4

     
  14. Blink

    December 3rd, 2012

    I’d really like to see the stunned look on his face just after he was b-slapped to remove that smirky smile from his face.

    Thumb up +1

     
  15. Carlos The Jackal

    December 3rd, 2012

    Evil on evil.

    Thumb up +2

     
  16. Anonymous

    December 3rd, 2012

    Barri’s not giving him a medal, he’s fitting him with a choker.
    It’s a Man’s Country thing.

    Thumb up +3

     
  17. Boobie the Rocket Dog

    December 3rd, 2012

    This is the reason that people like Rush Limbaugh have never accepted the so-called Medal of Freedom.

    Thumb up 0

     
  18. Kirk

    December 3rd, 2012

    Let’s start a movement – see http://www.facebook.com/pages/Make-Warren-Pay-his-Taxes/450636341659397

    Go to http://wh.gov/NZ0S and sign the petition.

    Thumb up 0