Edward Wrote:
-------------------------------------------------------
> Mr. Buffett is not particularly worried about the
> details.
>
> He paid $13,859 last year in property taxes.
>
> Last year his salary (taxable) was $423,923, of
> which $100,000 was salary and $323,923 was company
> provided security. He also paid Berkshire Hathaway
> $50,000 to cover any personal costs paid by the
> company.
>
> He enjoys what he does. He does not live
> extravagantly. The stockholders who have been with
> him for years think he walks on water. You would
> too if your retirement investment did as well.
>
> He is leaving $10 million to each of his kids,
> "Enough so they can do something, but not enough
> so they can do nothing." Everything else goes to
> charity.
>
> He won't be paying any capital gains taxes because
> none of it will be his... or his heirs.


I doubt 10 mil each, maybe a mil. He was the one who told Bill Gates to give it all away to avoid inheritence tax on his estate and Warren is doing that. One very good tax planning idea.