IRS told to pay Warren Buffett's investment firm $23 million in taxes, interest over deductions!
Man, $23 million bucks! One hell of a 'refund', huh?
For a little perspective on what $23 million means to Mr. Buffett, who is worth $44 billion;
Let's say you're worth $500,000. You have some good equity in your home, a good start on a retirement fund and some cash in the bank and it totals a $1/2 million dollars. That $23 million that Buffett was just awarded is the equivalent of a person worth $500,000, getting a refund of $261.
Maybe not chump change, but you get the point...
MSNBC
Saturday, October 29, 2005
chump change...
IRS told to pay Warren Buffett's investment firm $23 million in taxes, interest over deductions!
Man, $23 million bucks! One hell of a 'refund', huh?
For a little perspective on what $23 million means to Mr. Buffett, who is worth $44 billion;
Let's say you're worth $500,000. You have some good equity in your home, a good start on a retirement fund and some cash in the bank and it totals a $1/2 million dollars. That $23 million that Buffett was just awarded is the equivalent of a person worth $500,000, getting a refund of $261.
Maybe not chump change, but you get the point...
MSNBC