After Goldman Sachs (NYSE:GS) accelerated payments of $65M in stock awards to 10 executives to avoid the higher taxes that would come beyond the fiscal cliff, many called into question just how willing CEO Lloyd Blankfein was to have the rich pay more in taxes -- something he has been outspokenly in support of. Warren Buffett saved money prior to the fiscal cliff in a similar fashion, and was similarly outspoken. Is this really a case of doublespeak? In this video, Motley Fool financials analysts Morgan Housel and Matt Koppenheffer discuss why these moves made sense, and how investors should view higher capital gains taxes.
- Jan 3, 2013 at 9:02PM