Warren Buffett Dislikes Hedge Fund Managers – Let’s Take It Out On Subchapter K
Originally Published on forbes.com on August 20th, 2011 ______________________________________ Welcome to My Favorite Subchapter This is the second in a two part series...
Hedge Fund Managers – Hoist on Their Own Petard ?
Originally Published on forbes.com on August 20th, 2011 ______________________________________ This is an intermission in my two part series on the tax magic of hedge...
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.