Omaha Herald – Moving from managing a hedge fund to managing money for Warren Buffett might seem like a dream for a professional investor. But the switch carries a hefty price, Buffett said Tuesday, continuing his criticism of what he says are unfairly low tax rates for high-income people.
Specifically, Buffett said, the two Berkshire Hathaway Inc. money managers — Todd Combs and the one announced Monday, Ted Weschler — will be paying roughly twice the income taxes they owed while managing their own hedge funds.
