August 31st, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today called on the White House to publicly ask Warren Buffett’s company, Berkshire Hathaway, to settle its $1 billion in outstanding potential tax liability for 2002-2009:
“Barack Obama should ask his friend Warren Buffett to pay the $1 billion that the IRS says his company owes to demonstrate his true commitment to ‘shared sacrifice’ by paying what is due under the current tax law. Perhaps this $1 billion tax fight from 2002 to 2009 is why he felt as if he was undertaxed. Not every American has hundreds of lawyers and accountants to protect them from the IRS. So it would be fitting if Obama asked Buffett to put himself in the position of the average American and pay without the benefit of the advice of thousand-dollar-an-hour lawyers.”
“Buffett’s Billion Dollar Tax Hypocrisy,” ALG President Bill Wilson, August 31st, 2011 at http://netrightdaily.com/2011/08/buffetts-billion-dollar-tax-hypocrisy/ .
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