Post #10270 by nola622 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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The TCJA & 21% was passed for 8 years. I thought it was highly unlikely with a split Congress but if there is a red sweep, it could potentially happen.

Not sure about any 15% that was mentioned - I think 20% is the best one could hope for realistically. It is important to point out that the 21% corporate tax rate does not expire when the rest of the TCJA does. Congress and the president can change their minds at any time - but it does not require renewal to remain in place.

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