Quote

I think that actually people in my situation should be paying more tax.

Warren Buffett

Change background

T
T
T

Change font

TAGS & TOPICS

Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Think
Thinking
People
Paying
Taxes
Situation
Actually

More quotes by Warren Buffett

Image
Money will always flow toward opportunity, and there is an abundance of that in America.
Warren Buffett
Image
The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.
Warren Buffett
Image
I made my first investment at age eleven. I was wasting my life up until then.
Warren Buffett
Image
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
Warren Buffett
Image
How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.
Warren Buffett
Image
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Warren Buffett
Image
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
Warren Buffett
Image
Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.
Warren Buffett
Image
If you want to soar like an eagle in life, you can't be flocking with the turkeys.
Warren Buffett
Image
Diversification may preserve wealth, but concentration builds wealth.
Warren Buffett
Image
I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.
Warren Buffett
Image
Never lie under any circumstances.
Warren Buffett
Image
Investing is laying out money now to get more money back in the future.
Warren Buffett
Image
In other words, the percentage change in book value in any given year is likely to be reasonably close to that year's change in intrinsic value.
Warren Buffett
Image
If we start deciding, based on guesses or emotions, whether we will or won't participate in a business where we should have some long run edge, we're in trouble.
Warren Buffett
Image
When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.
Warren Buffett
Image
I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
Warren Buffett
Image
When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.
Warren Buffett
Image
Does management resist the institutional imperative?
Warren Buffett
Image
I've never been very fully employed either but just think of what it's like, you know, to go home with a mortgage payment you know and kids and everything else. My dad had that happen to him in the early '30s.
Warren Buffett