Dollars and Jens
Monday, March 08, 2004
Buffett's Letter
I do want to complain about Buffett's brief discussion of the tax code, in which he repeatedly conflates taxes on corporations with those on rich individuals, as well as those on Berkshire Hathaway with those on him in particular. In particular, he takes a comment by a U.S. Treasury official noting how little of Buffett's wealth ever has or ever will be seen by the federal government, and he attempts to rebut it by discussing how much Berkshire Hathaway pays in corporate taxes. It seems odd to me that he would do this.

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