"Warren Buffett filed his first tax return in 1944 at the age of 14, reporting earnings of $592.50, which would be worth over $11,000 today."
"Buffett has paid $26.8 billion in taxes in 2024, the highest payment made by Berkshire Hathaway, reflecting his commitment to fulfilling tax obligations."
"Before Buffett took control of Berkshire Hathaway in 1965, the company did not pay any income tax, which he described as an embarrassment."
"Buffett's early work as a paperboy and his father's influence as a stockbroker instilled in him a fascination with business and markets."
Warren Buffett, now worth $143 billion, began his career as a paperboy at 14, filing his first tax return in 1944. He earned $592.50 that year, which would equate to over $11,000 today. Buffett has paid significant taxes over the years, including $26.8 billion in 2024, the highest ever for Berkshire Hathaway. He has expressed concern over the company's past tax practices, stating it was embarrassing that Berkshire paid no income tax before he took control in 1965. Buffett's early experiences shaped his views on business and taxation.
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