Warren Buffett predicts higher taxes due to rising deficit [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: Yahoo! Finance
"I think higher taxes are likely," Buffett said Saturday at Berkshire Hathaway's annual shareholder meeting . The 93-year-old co-founder and CEO of Berkshire said tax hikes may be more palatable to policymakers than cuts to government spending. "They may decide that some day they don't want the fiscal deficit to be this large because that has some important consequences," he explained. "And they may not want to decrease spending, and they may decide they'll take a larger percentage of what we earn, and we'll pay it." The national debt, which surpassed $34 trillion for the first time in January, has surged in recent years amid government spending meant to stimulate the economy during the COVID pandemic. Higher interest rates meant to tamp down inflation have caused interest payments on the debt to soar, while spending on entitlement programs such as Social Security and Medicare have increased as the U.S. population ages. NATIONAL DEBT TRACKER: AMERICAN TAXPAYERS (YOU) ARE NOW ON
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News
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- Warren Buffett Has Spent More Buying This Stock Than He Did With Apple, Chevron, Coca-Cola, American Express, and Occidental Petroleum, Combined! [Yahoo! Finance]Yahoo! Finance
- Warren Buffett's Best Tips from the 2024 Berkshire Annual Meeting [Yahoo! Finance]Yahoo! Finance
BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- BRK.B's page on the SEC website