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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: Steve168 who wrote (3327)	6/17/2003 11:30:01 PM
From: Sr K	Read Replies (1) \| Respond to of 4690

<<looking for a quote where Buffett makes a comment saying that there is disadvantage in his current vehicle's corporate structure with regards to securities investment, and suggests his old partnership structure was much more advantageous in terms of securities investment.>> He made this comment a long time ago when he acknowledged that Berkshire Hathaway actually paid a 35% tax on the gain on Cap Cities. With the lowered 15% cap gains rate for individuals he might consider alternatives. But I think he likes the combination of forever holding periods and the patriotism or pride of paying lots of taxes.