Some great links for Saturday reading over at The Crawdad Hole.

The Crawdad Hole

Here are a few good links to get you through your Saturday. This is an open thread.

Warren Buffett sues America for over-taxation. So much for Mr. “Give me higher taxes, please.” We’ve counter-sued. I hope we win.

NetJets Inc., the private-plane company owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), was countersued by the U.S. over $366 million in taxes and penalties.

NetJets in November sued the U.S., saying the federal government had wrongly imposed taxes, interest and penalties totaling more than $642.7 million.

Claiming the federal Internal Revenue Service wrongfully assessed a so-called ticket tax — an excise tax on payments made in exchange for air transportation — to private aircraft owners maintaining their own planes, the Columbus, Ohio-based company demanded refunds and abatements.

The federal government, in a revised answer and countersuit filed yesterday in federal court in Columbus, rejected NetJets’ claims and alleged that…

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