The nuance is that Buffett's tax profile is largely a feature of how he makes money through investments and the relevant tax code. I'm betting that if Trump were to have a similar asset profile, Trump's results would be similar.
From another article:
"[Because BRK doesn't pay dividends, ...] the Treasury has been
getting exiguous tax revenue from one of its wealthiest citizens.
Buffett is virtually immune to higher individual income-tax rates,
while he promotes higher rates for other rich people, who may
have a net worth a hundredth of 1% (0.01%) of his own."[0]
Great gamesmanship from Buffett!
The nuance is that Buffett's tax profile is largely a feature of how he makes money through investments and the relevant tax code. I'm betting that if Trump were to have a similar asset profile, Trump's results would be similar.
From another article:
[0] http://www.barrons.com/articles/warren-buffetts-nifty-tax-lo...