Wednesday, March 28, 2012

Guess Who’s Getting Sued for Not Paying Taxes Now

Yes folks, you'd think Warren Buffett would jump at the chance to pay more taxes. Evidently not.

Buffett, the billionaire investor and CEO of Berkshire Hathaway, has for several months insisted that he and other affluent Americans should have a higher tax burden. Buffett's ideas have been well received among the millionaire community and the general population, and President Obama is likewise a fan. In fact, a proposed tax named in Buffett's honor is projected to raise $31 billion in additional rich-people dollars over the next decade if it passes.

But just because Buffett wants to pay a higher effective tax rate doesn't mean companies related to him are chomping at the bit. According to The New York Times' DealBook, one of the companies within Buffett's Berkshire fiefdom -- an Ohio-based private aviation firm called NetJets -- is being sued by the federal government for what the government says is a whopping sum of unpaid taxes…

Want to see more? Check out http://www.huffingtonpost.com/2012/03/27/warren-buffett-netjets-taxes_n_1382591.html?ref=business

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