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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (78600)8/27/2011 6:00:05 PM
From: KyrosL4 Recommendations  Read Replies (2) of 217792
 
Do you know that Buffett has pledged his entire fortune to charity (the Gates foundation)?

So whatever Buffett saves from government taxes goes directly to charity. And I trust him and Gates to spend the money much more wisely than the government. So, essentially, Buffett is voluntarily subjecting his fortune to 100% tax.

I wonder how many Chinese billionaires have done this.
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