http://www.washingtonpost.com/wp-dyn/content/article/2006/06...
I was arguing it's possible to not agree with the way the world works, but still exploit it. Of course buffet shouldn't pay taxes until the laws are changed. Hs's publicly argued many times that taxes are too low on rich people, just as he argues derivatibes are net destructive to society - it desn't mean he should not deal in derivatives if he sees an opportunity.
EDIT: Fixed duplicate words.
Also, Buffet advocates higher taxes that the won't pay and that he benefits from.
Consider the estate tax. He pushes it, but his estate will never be taxed. He also makes quite a bit of money selling insurance to help people pay estate taxes.
Yes, he benefits directly from estate taxes.
The estate tax doesn't even kick in unless the inheritance is over something like 2 million dollars. That is one "anti tax" issue that I seriously don't understand. Seems like that should be literally the last tax that gets cut, why not cut the income tax if we're cutting taxes?
It is often portrayed as something only the super wealthy need to worry about, but plenty of farmland goes on sale in the midwest because taxes can't be covered.