When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy.

Have to avoid paying taxes anyway possible.

  • catloafEnglish
    480·
    30 days ago

    Good deeds should not be dependent on the whims of the rich. Tax them.

      • BluefalconOP
        124·
        30 days ago

        Publicly. Wonder what he thinks behind close doors? also must not be a fan of taxing the rich if he is using a loophole to avoid estate taxes.

        • JayTreeman
          71·
          29 days ago

          I believe he’s the type of guy that’s compartmentalized. He full heartedly believes that the rich need to be taxed more and that he’ll work tirelessly to prevent it because it’s bad for business

        • catloafEnglish
          41·
          29 days ago

          Financially, it makes sense to do. But morally and ethnically? Debatable. I don’t think it’s hypocritical to both exploit the law as written and advocate for its change, if it doesn’t exactly harm anyone.

          Like if that “legal murder zone” was a real thing, it would absolutely be bad to exploit that. But tax avoidance is pretty far down my list of all the bad things you can do.

          • idiomaddict
            40·
            29 days ago

            I think it’s worse than it feels. Like, I still like Jimmy Carr, but how many schools have cut meal programs because of a lack of funding? It’s just that money is fungible and through taxes it gets split up so much that you can’t really follow it, so I don’t think we realize the harm that’s done when people don’t pay their taxes.

  • WoodScientist
    181·
    30 days ago

    At first I read this as “the next generation of buffets.” I was getting excited that someone had figured out how to make a buffet that isn’t a food safety nightmare, then I read the rest of the sentence and was disappointed…

  • oakey66
    111·
    30 days ago

    Why don’t you just fund efforts to have ranked choice voting across the country.

    • BluefalconOP
      72·
      30 days ago

      Rather make sure my family is extremely wealthy and powerful.

  • credo
    70·
    29 days ago

    Our local Buffett keeps the Sheriff’s office well stocked in souped up off-road vehicles. Among other accouterments.

  • Linktank
    51·
    30 days ago

    I thought this was about restaurants for far too long.