Subject: Re: What Buffett meant to say, mornin jim.
“ Sure. Never realized, never pocketed, never income.“ Well bud, as an American with kids and grandkids I would like to run my idea by Buffett. Buffett and others like him should donate with a one page cost basis disclosure to the charity. As the foundations sell and enjoy the proceeds from the sales, 15 percent of the gains go to Uncle Sam to help pay down our debt. Over the past 60 years did Buffett benefit from our defense dept, roads, sewers, bridges, school system etc? How much federal tax would you guess he paid in the aggregate the last 60 years, not corporate, personal? Thanks.