Subject: Re: Paying taxes
Buffett made a couple of clear statements at this year's annual meeting to the effect of cooperating/doing whatever elected officials deem to do regarding taxes. Perhaps he is anticipating taxes escalating in the comparatively near future. High stock market valuations, Apple's foreign manufacturing risk, banks having possible exposure to commercial and private equity loan risks and the expectation of higher taxes arriving in possibly 2025 all coupled with the possibility of a market swoon could be what is driving his selling of appreciated holdings. An additional impetus is he is getting his proverbial ducks in a row ahead of checking out in the future. A thought that gives me no comfort saying.

Uwharrie