Warren Buffett's $3.64M Lunch May Be Tax-Deductible

June 21, 2012

An anonymous donor has paid $3.64 million to have lunch with Warren Buffett, who donated his time for a charitable cause -- essentially making it potentially tax-deductible. Unfortunately, the story has sparked a bit of controversy because if the math is done, taxpayers are going to pay $1.2 million for the donor's lunch with Buffett.

Do you think the lunch should be tax-deductible? We can't help but think that the lunch should have been composed of low-budget meals instead of a feast, so that more of the money could go to the charity.

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