4 ms·
It's hardly fair to Berkshire Hathaway's income as part of Buffet's personal income. Unlike his own, its money is not his to spend however he likes.
by hypersoar 15y ago
It's hardly fair to Berkshire Hathaway's income as part of Buffet's personal income. Unlike his own, its money is not his to spend however he likes.
- scottjad 15y agoIf Warren owned 100% of Berkshire would you still think it's unfair to consider what Berkshire pays in taxes a tax on Warren? Then why is it not fair to consider it on a percentage basis like I have? The owners of corporations are the people being taxed by corporate income taxes, since without these taxes, that money would be theirs to spend as they wish, either by investing in their business or taking it out by paying dividends.