Subject: Re: 2026 and beyond
Buffett has also mentioned the benefit that Berkshire pays less tax on the public equity dividends received within than we would as individual owners receiving dividends. Per AI:

“Berkshire Hathaway pays corporate income tax (currently 21% federal rate) on most dividends received, but uses the Dividends Received Deduction (DRD), allowing them to deduct 50% to 100% of dividends, making their effective tax rate on those dividends much lower (e.g., 10.5% on some).

For wholly-owned subsidiaries (over 80% ownership), dividends are generally 100% tax-free, a key reason Buffett prefers buying entire companies.”

Simply sell some shares hc & create & control your own appropriate “dividend”- it works great! No divi box checking necessary. A lot of us have Zero interest in mandatory quarterly dividends- retention and compounding of those earnings has worked wonders over the decades, correct?! If it ain’t broke…Thank you