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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (379164)4/18/2008 9:12:58 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1586650
 
RE:"Apparently he trusts Bill and Melinda more than the government."

Those charitable trusts are a huge tax dodge to boot. Unlike you or me they allow Buffett and Gates to direct their would-be tax money where they want to. We just send ours in and Washington pisses it away.

If Buffett was as concerned about underpaying taxes he'd ditch the trust and let Washington take 47% (that's the rate) of his estate when he dies.