When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy.

Have to avoid paying taxes anyway possible.

  • catloaf@lemm.eeEnglish
    48·
    2 months ago

    Good deeds should not be dependent on the whims of the rich. Tax them.

      • BluefalconOP
        124·
        2 months ago

        Publicly. Wonder what he thinks behind close doors? also must not be a fan of taxing the rich if he is using a loophole to avoid estate taxes.

        • JayTreeman@fedia.io
          71·
          2 months ago

          I believe he’s the type of guy that’s compartmentalized. He full heartedly believes that the rich need to be taxed more and that he’ll work tirelessly to prevent it because it’s bad for business

        • catloaf@lemm.eeEnglish
          41·
          2 months ago

          Financially, it makes sense to do. But morally and ethnically? Debatable. I don’t think it’s hypocritical to both exploit the law as written and advocate for its change, if it doesn’t exactly harm anyone.

          Like if that “legal murder zone” was a real thing, it would absolutely be bad to exploit that. But tax avoidance is pretty far down my list of all the bad things you can do.

          • idiomaddict@lemmy.world
            4·
            2 months ago

            I think it’s worse than it feels. Like, I still like Jimmy Carr, but how many schools have cut meal programs because of a lack of funding? It’s just that money is fungible and through taxes it gets split up so much that you can’t really follow it, so I don’t think we realize the harm that’s done when people don’t pay their taxes.

  • WoodScientist@lemmy.world
    181·
    2 months ago

    At first I read this as “the next generation of buffets.” I was getting excited that someone had figured out how to make a buffet that isn’t a food safety nightmare, then I read the rest of the sentence and was disappointed…

  • oakey66@lemmy.world
    111·
    2 months ago

    Why don’t you just fund efforts to have ranked choice voting across the country.

    • BluefalconOP
      72·
      2 months ago

      Rather make sure my family is extremely wealthy and powerful.

  • credo@lemmy.world
    7·
    2 months ago

    Our local Buffett keeps the Sheriff’s office well stocked in souped up off-road vehicles. Among other accouterments.