Shared sacrifice? Try paying the taxes you owe Mr. Buffet!
Remember when Warren Buffett — a staunch Obama supporter — said that rich people like him would be willing to pay more taxes to help out? If you do, it will probably shock you that his company, Berkshire Hathaway, has back taxes dating back to 2002.
The New York Post explains:
That’s right: As Americans for Limited Government President Bill Wilson notes, the company openly admits that it owes back taxes since as long ago as 2002.
“We anticipate that we will resolve all adjustments proposed by the US Internal Revenue Service (“IRS”) for the 2002 through 2004 tax years … within the next 12 months,” the firm’s annual report says.
It also cites outstanding tax issues for 2005 through 2009.