- #1
Jimmy Snyder
- 1,137
- 21
My bid of $255,499.99 for lunch with Warren Buffet got beat out on e-bay by some fat-cat with more resources than I was able to dig up, $255,500.00. So instead, I took my wife out to lunch for $12 at the local Vietnamese noodle house. Eat your heart out u***e. There's good news on the inflation front, last year the Warren Buffet Lunch Index was $650,100. I had bid in that one too, but my $649,099.99 offer was not enough. I would have bid as much this year, but gas prices have eaten into my finances.
It's a charity auction. I don't know the details, but as I understand it, when you get something in return for a charitable contribution, you have to knock that much off the tax credit. Buffett will entertain the winner and seven companions at New York's Smith & Wollensky steakhouse. I assume that means that he will be picking up the tab. Their web site, http://www.smithandwollensky.com/nyLunchmenu.htm" , shows high prices, but not outrageous like the $6 I shelled out for noodles. Filet Oscar, a steak made from the hind-quarters of a puppet, costs less than a dollar (41/47 to be exact). It looks like if everyone gets steak, salad, two sides, desert, a good wine, and a toy (the happy meal) it would run less than $100/per. Let's be vague and say that the meal is worth $800, you don't get socked for what Warren eats. So the tax credit for charity is a mere $254,700. But who gets it? Does Warren claim that he sold his time for the going price in a public auction and then gave the money to charity? My friend Rosie Fishnet made the same claim just before she got 6 months on a charge of alleviated assault. Or does the John get it? Or both? Any legal eagles here?
It's a charity auction. I don't know the details, but as I understand it, when you get something in return for a charitable contribution, you have to knock that much off the tax credit. Buffett will entertain the winner and seven companions at New York's Smith & Wollensky steakhouse. I assume that means that he will be picking up the tab. Their web site, http://www.smithandwollensky.com/nyLunchmenu.htm" , shows high prices, but not outrageous like the $6 I shelled out for noodles. Filet Oscar, a steak made from the hind-quarters of a puppet, costs less than a dollar (41/47 to be exact). It looks like if everyone gets steak, salad, two sides, desert, a good wine, and a toy (the happy meal) it would run less than $100/per. Let's be vague and say that the meal is worth $800, you don't get socked for what Warren eats. So the tax credit for charity is a mere $254,700. But who gets it? Does Warren claim that he sold his time for the going price in a public auction and then gave the money to charity? My friend Rosie Fishnet made the same claim just before she got 6 months on a charge of alleviated assault. Or does the John get it? Or both? Any legal eagles here?
Last edited by a moderator:
