The Real Reason Buffett Pays Low Taxes
Posted: Tue Aug 16, 2011 4:58 pm
One only pays capital gains taxes when one has realized the gain. That is, no sell, no tax. Buffett never sells his stocks, so he pays no taxes.
http://news.yahoo.com/real-reason-warre ... 20991.html
http://news.yahoo.com/real-reason-warre ... 20991.html