Buffett: ‘I Don’t Know’ How ‘Our Competitiveness Is Being Hurt’ by High Taxes

‘I don’t know any case where our competitiveness is being hurt by the federal income tax rate on corporations’

EXCERPT:

BUFFETT: "Well, it would mean, for Berkshire, in all probability, that we would pay less in U.S. federal income taxes. But until you see the final thing, you can’t tell. Berkshire Hathaway is the second largest corporation on the Fortune 500 this year. I don’t know any case where our competitiveness is being hurt by the federal income tax rate on corporations."

Video files
Full
Compact
Audio files
Full
Compact