Renowned investor Warren Buffett praised the economy at Berkshire Hathaway’s annual meeting, saying it has been “resurrected” after taking a heavy blow from the coronavirus pandemic. The economy is “resurrected in an extraordinarily effective way” from the COVID-19 stimulus provided by Congress, Buffett said, Reuters reported. The first-quarter profits for the company went up by […]
Tag: Warren Buffett
Buffet Says New Health Care Plan Is Just A Tax Cut For The Rich
Billionaire Warren Buffett on Saturday criticized the Republican healthcare plan, passed through the House last week, as a “huge tax cut for guys like me” and bad news for the less fortunate. “When there’s a tax cut, either the deficit goes up or they get the taxes from somebody else,” Buffet told shareholders at Berkshire […]