Subject: Re: Berkshire Tax Bill
Yes, the devil is in the details! I try not to spend much time anxious about the tax situation as it is what it is, we have had a great benefit from the 2017 21% corporate tax rate vs. 35%. WEB, Greg and Marc have always been masterful in optimizing our tax situation and knowing the code. For instance with the BHE tax credits, our BHE effective tax rate here for 1st 9 months 2022 is minus 49.7% and these credits must be maintained to incentivize our huge investments long-term for the benefit of society.