Tag: taxes

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Howard Marks Memo: It’s All Very Taxing

The latest from Howard Marks, the CEO of Oaktree, and guru distressed debt investor. Memo to: Oaktree Clients From: Howard Marks Re: It’s All Very Taxing The issue is simple: the U.S. government generally spends more than it brings in […]

By Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons
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Warren Buffett’s 2010 Taxes

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, […]

President Obama Forgot Finance 101
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President Obama Forgot Finance 101

President Barrack Obama recently announced a one year stimulus plan of $450 billion to boost the economy. The plan consists of tax cuts and some additional spending to help boost the slow economic growth. However whether it is to make […]

By Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons
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Warren Buffett Rips The Tea Party

Warren Buffett, the self-made billionaire and son of a former Republican congressman, continues to widen his rift with the Republican Party by pressing for tax increases on the wealthy and reinforcing ties with President Barack Obama. Buffett has called the […]