Dossier
estate tax
Coverage of estate tax in the Nexus archive.
- Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works
Warren Buffett redirected $140 billion from the Gates Foundation to his children’s charities, sparking debate about tax avoidance and philanthropy efficiency. Experts note that giving appreciated stock to foundations avoids capital gains and estate taxes, with Buffett’s move potentially saving $33 billion to $56 billion in taxes.
- Buffett favors an estate tax, but like virtually all billionaires, he won't be paying it
Warren Buffett supports an estate tax but avoids paying it by donating his fortune to charity. He acknowledges that other wealthy Americans are under-taxed.