October 1, 2008
“ At the end of 1944, Warren filed his first income tax return. He paid only seven dollars in taxes; to get it down to that, he deducted his wristwatch and bicycle as business expenses. He knew that was questionable. But at the time, he was not above cutting a few corners to get where he wanted to go. (p. 83)
Warren Buffet’s new biography, The Snowball by Alice Schroeder
see more at http://www.thebigmoney.com/articles/juicy-bits/2008/09/29/omaha-opus •