Warren Buffett: Newly Hired Money Managers Not Bothered By Higher Tax Rate

Warren Buffett says the two new money managers he hired will be paying taxes at a much higher rate now that they'll be getting a salary from Berkshire Hathaway. Instead of paying a 15 percent capital gains rate on their portion of the fund's profits, Weschler and Combs will be taxed at a rate of 30 ...

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Posted: Thu Sep 08, 2011 1:34 am Post subject: FF News: Warren Buffett and President Abdulla