[lz_jwplayer video=9dYz2EbH player=6R1oFuLT]
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.”
Join the Discussion
COMMENTS POLICY: We have no tolerance for messages of violence, racism, vulgarity, obscenity or other such discourteous behavior. Thank you for contributing to a respectful and useful online dialogue.