Re:Warren Buffett's final shareholder letter [pdf]
by throw20251110 on Tuesday November 11, 2025 @06:42AM
(#45886237)
Your government is pretty dysfunctional the way it is. I'm not surprised billionaires don't want to waste their taxes on that crap.
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Re:Warren Buffett's final shareholder letter [pdf]
by brnt on Tuesday November 11, 2025 @07:12AM
(#45886413)
Not surprised, but the best solution is not to let billionaires control, tax free, major parts of society instead. The best solution is building a more functional democracy which is in charge of redistribution.
Re:Warren Buffett's final shareholder letter [pdf]
by mlrtime on Wednesday November 12, 2025 @06:55AM
(#45899059)
Right, and who gets to decide that? People make it seem like the politicians are somehow more ethical than the billionaires.
Re:Warren Buffett's final shareholder letter [pdf]
by blackqueeriroh on Thursday November 13, 2025 @02:49AM
(#45911978)
Politicians are more ethical than billionaires. They’re even more ethical when billionaires can’t buy them by spending an exorbitant amount “supporting” a candidate.
Re:Warren Buffett's final shareholder letter [pdf]
by vintermann on Tuesday November 11, 2025 @06:52AM
(#45886297)
No matter where you are on the political spectrum, you almost certainly believe that at least some billionaires carry a disproportionate responsibility for that dysfunction. Whatever they are, Elon Musk, Bill Gates, Donald Trump, George Soros or indeed Warren Buffett aren't just passive observers of government.
Re:Warren Buffett's final shareholder letter [pdf]
by tim333 on Tuesday November 11, 2025 @07:47PM
(#45895022)
Buffett has actively tried to raise taxes on the rich https://en.wikipedia.org/wiki/Buffett_Rule
Re:Warren Buffett's final shareholder letter [pdf]
by input_sh on Tuesday November 11, 2025 @09:02AM
(#45887361)
Who do you think is responsible for such a dysfunctional government? Is it your average working class person earning about $65k/year or is it billionaires that can throw unfathomable amounts of money at any topic of their interest without it even making a dent in their pocket?
To take a recent example, the median income in New York City is about $79k/year (before taxes), while Bill Ackman alone essentially threw away 21.5x that in his failed attempt to influence the mayoral election.
Re:Warren Buffett's final shareholder letter [pdf]
by senordevnyc on Tuesday November 11, 2025 @11:08AM
(#45888948)
A majority of voters elected Trump, while Ackman failed to influence the mayoral election with his money.
Re:Warren Buffett's final shareholder letter [pdf]
by adventured on Tuesday November 11, 2025 @12:03PM
(#45889828)
And Trump did it with dramatically less campaign money than Hillary or Harris.
Re:Warren Buffett's final shareholder letter [pdf]
by input_sh on Tuesday November 11, 2025 @02:00PM
(#45891340)
Gee golly, really!? Thanks for letting me know, I had no idea!
I could've also mentioned Ackman personally calling Trump in 2020 to beg him to shut down the economy for a month and my argument would be just the same: I don't want billionaires using their money to shape the world to their liking.