Politics

Buffett Tries to Defend Not Paying Higher Tax Rates He’s Calling For

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Billionaire Warren Buffett has long been pushing for higher taxes on the wealthy — yet he and his company, Berkshire Hathaway, have deferred billions of dollars in taxes.

In an interview on PBS Tuesday, Buffett was called out on this. “Berkshire Hathaway does take advantage of the legal ability to defer taxes,” said interviewer Judy Woodruff. “I saw a number, something like $75 billion in deferred taxes?”

Watch the clip above to see his defense — saying it’s what the “shareholders want.”

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