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

To: Investor Clouseau who wrote (971924)	10/13/2016 3:45:35 PM
From: J_F_Shepard	Respond to of 1576336

If Berkshire followed the average of the S&P 500, it would have paid out about $6 billion in dividends in 2014, and Buffett’s share would have been about $1.2 billion.At a 23.8% tax rate, that would have given Buffett a tax bill of $280 million, or about 40 times the taxes he said he actually paid in 2010. Buffett said he paid an effective rate of 17% last year or the year before.......he said that was less than his secretary pays.... While Buffett won't distribute dividends to Berkshire Hathaway shareholders, he has no qualms about collecting them from others. Most of the companies in his investment portfolio make regular dividend payments. That makes sense for him, personally he doesn't need cash............... But recall my question was about the AMT......