Warren Buffett’s tax fairness doublespeak
In today's Breakfast with Benjamin, Warren Buffett's fails to put his money where his mouth is, Canada finds a sensible way to stop corporate inversions, the Fed pushes rate-hike rumors out to the end of next year, and more.
- Warren Buffett, Mr. “I pay lower taxes than my secretary,” is helping to finance Burger King’s takeover of Tim Horton’s. Not putting his money where his mouth is
- Canada shows Congress and the White House how business gets done. The only sensible way to stop corporate inversions is to lower and streamline corporate taxes
- In the Fed’s perpetual hedge, it now looks like rates will stay put until the fourth quarter of next year. Janet Yellen’s labor market obsession
- Regardless of the Fed’s dovish mode, bond fund managers are shaking in their shoes over the notion of higher interest rates. Losing 3% of your money “just like that”
- A simple and scientifically-proven way to avoid drinking too much wine. No word yet on how to avoid drinking too much beer. Seeing the glass as half-full
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