Warren Buffett Owes 1 Billion in Back Taxes

December 2, 2012

Higher taxes. They’re for other people. People who don’t have Obama’s private phone number.

There are are two recent cases where Warren has done everything possible to AVOID paying taxes that he actually owes. The first case involved a 14-year fight over the dividend-received deduction that was finally settled with the IRS in 2005. The second case is still pending after 10 years in which he owes just over $1 BILLION in back taxes.

If only we raised taxes on the rich, the well-connected crony capitalist rich like Warren Buffett still wouldn’t pay theirs.

We don’t need to raise taxes. We need to crack down on crony capitalism and political corruption.

Crony capitalists like Buffett shouldn’t be able to score billions off the government and avoid paying billions in taxes just because of their close relationship to the Obama Crime Family.

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Permalink Reply by Chip on September 1, 2013 at 7:12am

I tried to explain this to a libtard and they kept repeating he is a philanthropist and he is only looking out for his share holders interests blah blah blah. I said he is still a tax cheat and should be in prison.

Lol, the picture above is creepy for many reasons.

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Permalink Reply by 14300 on September 1, 2013 at 9:38am

Agreed - creepy and still a big-time tax cheat

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Permalink Reply by Roy Patterson on September 1, 2013 at 12:50pm

If we owe the IRS money, the come after us like a Bull Dog. There are certain people in this country, including Obama and Buffet among other, that can get away with almost anything and nothing will be done to them. Not only is Buffet friends with Obama, he was also friends with Bush and Clinton. My view is that Buffet will never pay these back taxes and after he dies, the IRS will just write them off.

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Permalink Reply by Chip on September 1, 2013 at 3:08pm

Forward this to Buffet the philanthropist:

Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States." This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.

Gifts to the United States
U.S. Department of the Treasury
Credit Accounting Branch
3700 East-West Highway, Room 622D
Hyattsville, MD 20782

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Permalink Reply by 14300 on September 2, 2013 at 7:21am

Since Heinz previous owner John Kerry now has $28 Billion in a Swiss account - doesn't he owe taxes as well? Or is that Kerry's secret funds to arm and equip Al Queda in Syria?