Not long ago, I wrote a blog where Warren Buffett wanted to be taxed more. Here is the story. Now there is an article about Warren Buffett once again. "Billionaire investor Warren Buffett says he wants Congress to raise his taxes…But his company Berkshire Hathaway has not paid the back taxes it owes." According to the article “The company has been short-changing the tax collection agency for much of the past decade. Mr. Buffett’s company has not fully settled its tax bills from 2002-2009. Yet he says he’d happily pay more. Except the IRS has apparently been asking him to pay more going on nine years.”
Warren Buffett is also hosting a $35,000 Obama Seminar. According to the article "Billionaire Warren Buffett will host an “economic forum” fundraiser for President Barack Obama in New York City next month with VIP tickets topping out at $35,800 a head, reports the New York Post." Read the article here.
Now I know that Political candidates need to raise money, and lots of it, but, I have to wonder about the connection between these two. What position will Warren Buffett be given at the White House if Obama is re-elected? What is in it for him? After all, Obama is well known to return favors for his big contributors. Warren Buffett may be an intelligent man and works wonders in the market, but, what is he up to?
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