Buffett’s NetJets Countersued by U.S. for Unpaid Taxes

NetJets Inc., the private-plane company owned by Warren Buffett’s Berkshire
Hathaway Inc. (BRK/A), was countersued by the U.S. over $366 million in
taxes and penalties.
NetJets in November sued the U.S., saying the federal government had
wrongly imposed taxes, interest and penalties totaling more than $642.7
million.
Claiming the federal Internal Revenue Service wrongfully assessed a
so-called ticket tax -- an excise tax on payments made in exchange for air
transportation -- to private aircraft owners maintaining their own planes,
the Columbus, Ohio-based company demanded refunds and abatements.



http://www.bloomberg.com/news/2012-03-09/buffett-s-netjets-is-countersued-by-u-s-over-unpaid-taxes.html


Damn Warren.  Are you taxed enough or not?

Anyone who wants to chip in a little extra to pay down the debt can go to:

https://www.pay.gov/paygov/forms/formInstance.html?agencyFormId=23779454


Apparently Warren can't find the address and is dodging paying his other
taxes.  Hypocrite.

J

-

If anything, taxes for the lower and middle class and maybe even the upper
middle class should even probably be cut further. But I think that people
at the high end - people like myself - should be paying a lot more in
taxes. We have it better than we've ever had it.  - Warren Buffett

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