Al-O-Meter
Well-Known Member
No he doesn't. What I wrote isn't arguable because the data is the data.Warren Buffet disagrees.
Warren Buffet is making a different point which clearly went over your head and you've twisted his statement into something you think supports your world view. Warren Buffet is bragging over how big Berkshire-Hathaway is and how virtuous a person he is. What he said was: "Berkshire-Hathaway pays a 21% tax rate, sending about 5-billion dollars to the federal government last year. If 800 other companies had done the same thing, no other person in the United States would have had to pay a dime of federal taxes, whether income taxes, no social security taxes, no estate taxes."
Berkshire-Hathaway is the 6th largest company in the world in terms of revenue. There aren't 800 other companies like Berkshire-Hathaway in America. There aren't 800 other companies like Berkshire-Hathaway in the world. There aren't 10 other companies like Berkshire-Hathaway in the world. Warren Buffet is bragging at how much money he pays in taxes. Elon Musk also bragged not too long ago about how much he pays in taxes. Billionaires bragging about the billions they pay in taxes to the US government doesn't support your idea of 'socialism for capitalism, man'.