Imagine Never Having to Pay Federal Income or Payroll Taxes!
It’s that time of year again. Tax time! Everybody’s doing their taxes or thinking about taxes ….so, this reminded me of something I read in Berkshire Hathaway’s 2006 annual report where Warren Buffett talked about zero taxes for all.
On page 19 of Berkshire Hathaway’s 2006 annual report Warren Buffett wrote:
“Berkshire will pay about $4.4 billion in federal income tax on its 2006 earnings. In its last fiscal year the U.S. Government spent $2.6 trillion, or about $7 billion per day. Thus, for m…