Warren Buffett’s $26.8 Billion Tax Lesson: Why Paying More Made Him Richer

This source highlights Warren Buffett's philosophy, exemplified by Berkshire Hathaway's record-breaking tax payment, arguing it's a consequence of and contributor to his success. Buffett advocates for reinvesting profits over distributing dividends, both at the corporate and national level, emphasizing the power of compounding. He also expresses concern about the devaluation of paper currency through inflation, recommending investment in productive assets. Ultimately, the text presents Buffett's approach as a lesson in long-term wealth creation through reinvestment and societal contribution via taxes.