Warren Buffett's Fellow Billionaires Don't Bite on Million Dollar Tax Challenge

Discussion in 'Economy' started by Modbert, Nov 24, 2010.

  1. Modbert
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    Modbert Daydream Believer Supporting Member

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    http://www.cnbc.com/id/21708265/War...es_Don_t_Bite_on_Million_Dollar_Tax_Challenge

    Wonder if anybody else is willing to take up Warren on his challenge.
     
  2. Revere
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    Revere BANNED

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    Why should they play games to placate small minds?
     
  3. Modbert
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    Modbert Daydream Believer Supporting Member

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    Clearly you're missing the point about why Warren is doing this.
     
  4. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Why doesn't Warren Buffett just give all of his money to the government and come on down to our level if he thinks he doesn't pay enough taxes.
     
  5. edthecynic
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    edthecynic Censored for Cynicism

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    http://www.tax.com/taxcom/taxblog.nsf/0971609221721415852572ac0067c130/ed6ea2d2bd49e267852577a80067043b/$FILE/Figure_1.pdf

    The number of individual income tax returns showing adjusted gross income of $200,000 or more, but no income tax liability, has been rising rapidly in recent years.
    Source: IRS SOI Table 1.4.
     

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