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Politics : Politics of Energy

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From: FJB5/6/2014 3:16:02 PM
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Billionaire Warren Buffett would do anything to lower the tax rate of his company Berkshire Hathaway, including building unprofitable wind turbines to get federal government tax credits.

“I will do anything that is basically covered by the law to reduce Berkshire’s tax rate,” Buffett told an audience in Omaha, Nebraska this weekend. “For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.”

Read more: dailycaller.com
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