180 Some critics argued that Buffett (through Berkshire Hathaway) has a personal interest in the continuation of the estate tax, since Berkshire Hathaway benefited from the estate tax in past business dealings and had developed and marketed argumnet essay insurance policies to protect policy holders against future. Julianna Goldman (February 15, 2011). "help wanted: Warren Buffett Replacement". Warren Buffett; Carol Loomis (November 22, 1999).
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It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation, or pays no income taxes during years of 5 percent inflation. His net worth had risen.5 billion as of September 2013. Beyond Components of GA, Inc. The Sage of Omaha loves the estate tax as well he might". Evans Distribution Systems provides warehousing, transportation, staffing and value-added services. . This unanticipated investment raised his stake in the company to around.5 percentthe largest stake in IBM alongside that of State Street Global Advisors. 119 In 2013 he had an old Nokia flip phone and had sent one email in his entire life.