Buffett's Income

[Groty]

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He has paid himself $100,000 per year at Berkshire for a number of years and never taken a bonus. I was under the impression that when he dissolved the investment partnerhip he rolled all of his net worth, excluding his home, into Berkshire. I was also under the impression he had never sold a share of Berkshire. One of those is apparently wrong, since it takes a sizeable chunk of assets to generate an income of $46 million.

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isn't he gradually "cashing out" his BH stock by donating it to the gates foundation? huge charitable donations would also help explain why his tax rate is so low...

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I watched a video of the event on Bloomberg. He pointed out the 17% tax rate wasn't influenced by his charitable donations.