Warren E. Buffett: Philanthropist, Hypocrite

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As you probably heard Warren Buffett, the worlds second richest man, has donated 85% of his net worth to five foundations. Most of the money (around $30 billion) went to the Bill and Melinda Gates Foundation. After years telling small business owners and farmers that the estate tax was fair and equitable, Mr. Buffett completely avoided paying estate taxes on his own fortune.

Sadly, just 3 weeks earlier, a plan to ease the estate tax burden failed to pass the Senate by 3 votes. Had Buffett spoken up and "said as he did", thousands of small business owners and farmers may have been able to pass their family businesses on to their children.

Warren E. Buffett: Philanthropist, Hypocrite.

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