WARREN BUFFETT : How To Avoid Taxes

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[cptbaker]

Warren Buffett has looked 99 for the last 30 years.

[supersteve]

Give it to a charitable trust, and then spend the charitable trust on yourself going and doing speeches about giving to charity. Stay in nice hotels, fly private jets, ect. You know, like Hillary and Bill did.

[homemail]

Now I know why I am poor. This just went over my head.

[.Roentgen]

Why would you want to limit someone's charitable donations after their death? That literally the government just being greedy and saying no screw you starving children or homeless vets or whatever, we want that money

[B]

rich people give their kids 36k each a year tax free to pass finances on with avoiding tax

[kriskwaramba]

Bro smoking that billion dollar exotic 😂😂

[johnbeck]

Mr Buffet. Do you ever have any guilt related to what the tax system allows you to do?

[Mike-vvwvvwvv]

So..pretty much you set up your own non-profit charity and donate your money there, right? Smart man.😂

[DarbyGBauer]

As long as the revenue collected through taxation is squandered, may as well let the billionaires keep it.

[elkyable]

The rich will keep getting richer…..you dont say😂

[Anonymous]

If the people can’t understand the tax code……government isn’t doing peoples will.

[jiyuwpp]

This is not about avoiding taxes. He is suggesting how to rewrite tax code to more appropriately tax wealth.

[ortonh]

Yep they’re gonna move it to a People that have a couple of million bucks which is nothing nowadays to help the kids get started he’s talking about billions and billions of dollars

[caddydaddy]

You want to make meaningful change? Get rid of property taxes. It's rent to the state. You can't intellectually call it private property because if you don't pay the states rent, the real owner, the state will kick your ass off.

[ihavehotmail]

Let’s find ways to fund the most inefficient thing ever 🤦‍♂️

[ericfrohlich]

A billionaire who lives a very frugal lifestyle, old small house, old car, eats at McDonalds, not much in the way he could live, but he’s happy !

[TonyFarley-gicv]

Or are all y'all strategically placed inside there to see the tax exemptions on the sizes whenever reducing out of employment for like retirement or large nominations are coming in or going out

[leventy]

Another thing to realize is the top wealthy people don't have high earned incomes, if at all. So those deductions work well with income tax tables.

[Elleaf]

What he said at the end is important. As the market system gets more specialized, more and more will go to the top people.

The more the top gets, the more they can effect the market and policy to give themselves even more and more and more

[TonyFarley-gicv]

Do you not think when y'all receive tax exemptions because of the sizes money certain levels of growth it is also supposed to be sized all the way through the employment