‘Thank You, Uncle Sam’: Warren Buffett Praises Taxes Despite Saying ‘If Berkshire Had Sent the Treasury a $1 Million Check Every 20 Minutes’ for a Year, It Would Still Owe Money

Each year millions of Americans decry tax time. But not Warren Buffett. In fact, the Oracle of Omaha penned “Thank you, Uncle Sam” in his 2024 shareholder letter, and said he hoped Berkshire Hathaway (BRK.B) would pay even more in federal taxes in future years. 

This writing came after Berkshire paid $26.8 billion in taxes in 2024, which it broke into four payments over the course of the year. Buffett boasted that his holding company “paid far more in corporate income tax than the U.S. government had ever received from any company – even the American tech titans that [command] market values in the trillions.”