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Hypocrite: Warren Buffett’s Company Owes Taxes Back To 2002

August 30, 2011 By 12 Comments

warren buffet hypocrite Hypocrite: Warren Buffetts Company Owes Taxes back to 2002

This one’s truly, uh … rich: Billionaire Warren Buffett says folks like him should have to pay more taxes — but it turns out his firm, Berkshire Hathaway, hasn’t paid what it’s already owed for years.

That’s right: As Americans for Limited Government President Bill Wilson notes, the company openly admits that it owes back taxes since as long ago as 2002.

“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.

Obvious question: If Buffett really thinks he and his “mega-rich friends” should pay higher taxes, why doesn’t his firm fork over what it already owes under current rates?

Likely answer: He cares more about shilling for President Obama — who’s practically made…

Read More: NYPost

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Comments

  1. steve says:
    August 30, 2011 at 12:46 pm

    What a flake. The IRS should fine him big time, file a lein against his estate and throw his ass in jail.

  2. Gary in Texas says:
    August 30, 2011 at 1:21 pm

    CAN YOU SAY LYING A##HOLE, BUT WHAT CAN YOU EXPECT FROM ONE OF obammy's SUPPORTERS, NONE HAVE PAYED TAXES IN YEARS !!!!

  3. Liberty49 says:
    August 30, 2011 at 2:45 pm

    Wow, with the penalties accrued since 2002 maybe he could pay off the nation's debt!

    • Combat Vet says:
      August 30, 2011 at 4:24 pm

      This useless POS made his money in America, is a criminal tax fraud, supports a criminal usurper in the Semi-White House and wants successful Americans, who are the job creators, to pay more taxes. He has outlived his uselessness, time to send this anti-American slime ball and his fellow POS Soros to purgatory. the atheist nirvana!

    • sky says:
      September 7, 2011 at 9:46 pm

      the rothschilds can help pay off the debt,along with the banksters,gates,oprah. Read the federalist papers drkatesview rightside column the papers are very important,it comes before the constitution which has things put in it that the founding fathers debated on every issue,for the good of the republic of the united states,and we the people.Woodrow Wilson and the corrupt FED.

  4. ONTIME says:
    August 30, 2011 at 4:26 pm

    Cronyism folks, pure straight and simple. Help us out here Warren said the phony POTUS or we will just have to make sure you do…..

  5. ireuel says:
    August 31, 2011 at 6:26 am

    So that is why he is sucking up to Barry. To get his taxes cleaned up before 2012 and the possibility that some in Washington after 2012 may call in his chips he owes. GE is presently another company that is supporting Barry and not paying their fair share.

  6. Carol Gerber says:
    August 31, 2011 at 12:10 pm

    They Say That Warren Buffett And George Soros Both Hate The USA, Yikeess, Maybe Both Should Be Vetted And Heavilly Fined And Serve 10 Years Plus For Tax Evasion. Than Free To Leave The USA After Paying Heavy Fines. God Bless America And The Tea Party Patriots With Sarah Palin.

  7. Angelica says:
    August 31, 2011 at 12:30 pm

    HERE IS THE REASON FOR BAFFETT TO BE FRIENDLY WITH 0BUMA. NO REGIME WILL PROSECUDE HIM FOR TAXes.

  8. william says:
    August 31, 2011 at 12:34 pm

    We all know obama likes people that get behind on their taxes. He has a few in his WH and alot that did not make it there. If you and I peons were to get a year behind they would be on our door steps by morning. What a system we have.

  9. TheDailyAccount says:
    October 6, 2011 at 9:54 am

    Warren Buffett really blew his credibility. Its a shame the “Oracle of Omaha” got involved in this tax issue. Maybe he should just retire before Alzheimer's really takes over. http://www.thedailyaccount.com

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