Cousin by blood. Obama Supporter Warren Buffett’s Co. and Tax Evasion
Birds of a feather flock together. CFR Buffett
Remember when Warren Buffett — a staunch Obama supporter — said that rich people like him would be willing to pay more taxes to help out? If you do, it will probably shock you that his company, Berkshire Hathaway, has back taxes dating back to 2002.
The New York Post explains:
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.
That’s a big revelation. And given the gravity of it, the New York Post lets Buffett have it:
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 socking “millionaires and billionaires” his re-election theme song — than about kicking in more himself.
Both CFR and related. No wonder he supported him. http://www.huffingtonpost.com/2009/12/15/obama-buffett-cousins-related_n_392219.html
Still the taxes issue in not resolved.
Another Tax cheater. I think that was resolved. Treasury Secretary Tim Geithner has recently warned other countries about undercutting US regulatory efforts to lure business away from American banks, which will help small cap business development corporations (BDCs) such as Pennant Park Investment (NASDAQ: PNNT), Prospect Capital (NASDAQ:PSEC), Solar Capital (NASDAQ: SLRC),and MCG Capital (NASDAQ: MCGC). Even though Treasury Secretary Geithner was more concerned with protecting the interests of money centre banks such as JP Morgan (NYSE: JPM), Citigroup (NYSE: C), Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC), BDCs will do better when large financial institutions are thriving.
Now what is our Tax Cheater Timothy F. Geithne up to now. Well then you can see why gold and silver are up. Has he replaced the money yet? Have they replaced the money to Social Secutity yet? Medacare? Who knows? Geithner: Now Raiding the Goverment Pension Funds