-
Sunny Money
-
Maybe we just found out why Warren Buffett wants everyone to pay more taxes: His company and others are getting massive taxpayer-funded subsidies and tax breaks to build solar power stations in California, which they'll then use to charge astronomical rates for energy, with the rates locked in by law at 2 to 4 times the cost of regular electricity. Consumer bills are likely to go up anywhere from 10% to 50%, making Buffett and other investors billions. Maybe NOW he'll voluntarily pay more taxes then he owes instead of wanting a law to force him to do it (and get deductions and tax breaks that way). (Los Angeles Times)
Have an opinion? Add your comment below.