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Wonderful example so assuming some social and economic provisions ought to be in the tax laws, lets think about tax credits. Every dollar of tax credit saves you one dollar. It doesnt matter what your marginal tax bracket is. So if you owe a thousand dollars and you get a thousand dollar tax credit, you dont owe anything. If you owe a million dollars, you owe a million minus 1,000. Now, the tax credits also should be refundable in many cases where they are social programs because a refundable tax credit like the earned income tax credit which says people who are working but dont earn a living ...

Said as a firefighter with 53 cents. [applause] been unfairly just like to say that theres so many things you can do. Weve given awards to members of congress. They love to get awards. They want to be loved. We have taken ads out in their local newspaper which is really cheap and thank them for what they did. We persuaded the clinton to veto a very controversial liability bill by surrounding them with the dems. He was so happy to veto that bill even though he hated vetoing bills. So ill just say we also helped Robert Redford defeat to secretary gerald ford nominated in the governor of wyoming....

If greatness consists in the combination of character and intellect of the highest order and if it is to be judged by the enduring value of solid work done in the fields of thought and action and its...

WE all agree that unless there is good governance, there cannot be public or general security, sustainable employment, and proper orientation of the

Although overshadowed by Buffett, who relished the spotlight, Munger, a billionaire in his own right -- Forbes listed his fortune as $2.6 billion this year -- had far more influence at Berkshire than his title of vice chair suggested.