Warren Buffett has told a Republican Congressman that his adjusted gross income last year came to $62,855,038, with taxable income of $39,814,784. He also paid $15,300 in payroll taxes.
The numbers are from a letter sent by Buffett to Rep. Tim Hulskamp of Kansas, in response to the Congressman’s request that Buffett release his full federal tax return amid the national debate over the Obama Administration’s “Buffett Rule.”
I found the full letter which Rep. Tim Hulskamp sent to Warren Buffett and Warren Buffett’s response. This is not Buffett’s formal tax returns, which was submitted to the IRS. Buffett has promised to publicly release his tax returns of Rupert Murdoch does the same.
Voss Capital is betting on a housing market boom
The Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More
It is embedded below on scribd.