Donald Trump brags about not paying federal income taxes — and says billionaires like Warren Buffett also use IRS laws to avoid payments.
On Monday, the stock-picking “Oracle of Omaha” struck back, saying: “I have paid federal income tax every year since 1944, when I was 13” and he’s saved the returns for Trump to examine.
As Yahoo News reported: “On Monday, Buffett said he paid $1.85 million in federal income taxes in 2015 on adjusted gross income of $11.6 million. That would mean he paid an effective federal income tax rate of about 16 percent.
“I have been audited by the IRS multiple times and am currently being audited. I have no problem in releasing my tax information while under audit. Neither would Mr. Trump — at least he would have no legal problem.”
New: Statement from Warren Buffett firing back at Trump on his tax returns: pic.twitter.com/bvolw6TpUo
— Kyle Griffin (@kylegriffin1) October 10, 2016
Warren Buffett hits back at Trump over tax comments. Buffett says he paid about $1.85M US in income tax in 2015: https://t.co/gyRseh68xe
— CBC News Alerts (@CBCAlerts) October 10, 2016
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