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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Gator1984 ✭  😊 😞
Number: of 22347 
Subject: Re: "The Art of The Deal"
Date: 07/24/25 10:07 PM
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I agree. A tariff is a sales tax or as I would put it a consumption tax. Which is long overdue IMO. Finally a tax the wealthy can't get around.

More consumption more tax.

I'm all in. If this helps reduce the countries debt and helps offset the new tax reductions then it is working from where i sit.

I have looked to move all over the world, and with the exception of a few countries the US has the lowest taxes anywhere on the wealthy and Trump is reducing those, which I disagree with.

But maybe the tariff bill was always part of his plan.

I hope so.

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This community has written 21,850 posts about Berkshire Hathaway. The article-length ones it recommended most:
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