Posted on 02/26/2018 5:13:44 AM PST by C19fan
Billionaire investor Warren Buffett, who did not support the Republican plans to cut taxes, told CNBC on Monday his Berkshire Hathaway conglomerate stands to benefit from the new corporate rate.
The GOP tax law, which lowered the federal corporate rate from 35 percent to 21 percent, is a "huge tailwind" for American businesses, Buffett said.
(Excerpt) Read more at cnbc.com ...
Buffett supported Obama’s more taxes position because Obama blocked the pipeline.
Buffett owns the railroad that was moving the oil south.
Warren, you are free to write a check to the Treasury anytime you want.
Berkshire went from $86 billion to $116 billion in cash overnight.
Buffet is a big Obama/Hillary supporter. It shows you don’t have to be intelligent to get rich.
Buffett owes millions in Fed taxes. He has been fighting for years against the IRS.
Buffett’ politics is screwed but his company makes money. BRK.B went up $7.86 today on this news. I have a very small amount of this stock, so it is welcome news for me.
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