Billionaire investor Warren Buffett triggered a major debate over taxes recently when he wrote in The New York Times that he should be paying more to the federal government. He called on Washington lawmakers to up tax rates on the rich.
But it turns out that Buffett’s own company, Berkshire Hathaway, has had every opportunity to pay more taxes over the last decade. Instead, it’s been mired in a protracted legal battle with the Internal Revenue Service over a bill that one analyst estimates may total $1 billion.
Read more on Newsmax.com: Report: Buffett’s Berkshire Owes $1 Billion In Back Taxes
Posted: 09.02.11 @ 4:44 p.m.
…..only 34% approve of how the president is handling economic issues, with 65% saying they disapprove of how he’s handling the economy. Thirty-three percent give him a thumbs up on the budget deficit and 37% approve of how he’s dealing with unemployment.
Hmmm, wonder who the 34% is? His staff, Harry Reid, and Ed Schultz? Oh, and Warren Buffett who wants to pay more taxes but now it comes out that his company OWES back taxes he has not paid. http://www.businessinsider.com/obama-supporter-warren-buffetts-co-hasnt-paid-some-taxes-since-2002-2011-8
And it gets worse, only 28% approve of the direction of the country:
According to the poll, released Wednesday morning, 28% of people questioned say things are going well in the country.
Posted: 09.01.11 @ 9:58 a.m.