Ashish S

What You Can - And Can't - Learn from Warren Buffett

"Evidence of avoiding income taxes is evident throughout Berkshire's life, as the company and Buffett have always used the IRS Tax Code to their advantage. There is clearly nothing wrong with that but similarly, it is somewhat disingenuous to urge higher taxes after a career of avoiding them."

>> I disagree. If tax is 20% and someone believes that the govt should raise taxes to 30% to pay for more social services, that doesn't mean that person needs to pay extra tax himself. There is nothing hypocritical about using the existing rules to benefit yourself while believing that the rules should be changed.