" You may not know this, but it's the World Wide Web. Many of us do not live in the US.
Corporate tax is certainly important, but personal tax is generally pretty OT."

good morning, Jim, always nice to hear from you. What percent of brk do you suppose is owned by shareholders subject to American tax law? How many Americans have held brk 20-30 years or longer, and currently have net worth's substantially above 100 million? Just for fun, how do you suppose a 38 % long term cap gain rate AND a net worth tax would impact long term holders of brk who are subject to American tax law, and those of us with net worths below 100 million? In reality both political parties of self-dealing grifters are owned by the super-rich so it's unlikely to happen in Buffet's lifetime, but the implications for securities listed on American exchanges are very substantial, if you think it through. Have a grand day-old friend, your American pal, HC.

Berkshire Hathaway FAQ

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