mixing two different things.

Reader comment on: Buffett Sues the IRS

Submitted by Lyle (United States), Nov 19, 2011 11:39

One is utilizing the current tax laws to the fullest (the lawyer and accountant full employment process, all be it it doesn't work too well for most lawyers), the second is what is the fair share. Buffet has to do the suit otherwise he is not fulfilling his obligation to his stockholders. The second is his personal opinion, and not necessarily that of Berkshire. This confusion has existed since the 1870-1880 period. At that time Jay Gould controlled a number of railroads, the UP being one, The UP and the Burlington made an agreement, but the Wabash (which Gould also controlled) ignored the agreement and did what it wanted. The Burlington folks felt ill used by Gould, however this was the beginning of the clear divorce between a company and its leader, they do have different interests.

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Title By Date
PERCEPTION not REALITY. [30 words]J. Kenneth HouseDec 18, 2011 08:54
Media post without FACTS again and again.....what have we become [53 words]1investmentsNov 23, 2011 07:51
How do you spell HYPOCRITE? [16 words]Dan CalabriaNov 19, 2011 22:36
Buffett Sues the IRS [106 words]Peter RayfieldNov 19, 2011 20:23
Of Two Minds [127 words]John GillisNov 19, 2011 17:24
Buffett is full of it! [30 words]JanNov 19, 2011 17:24
⇒ mixing two different things. [137 words]LyleNov 19, 2011 11:39
this is such a foolish "editorial" [82 words]northforkinvestorNov 20, 2011 09:47
Who one? [25 words]CarterJan 22, 2013 14:23
Come on ... Fairness also counts [22 words]KenNov 19, 2011 08:37

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Mark my comment as a response to mixing two different things. by Lyle

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