Billionaire reports record quarterly and annual profit for Berkshire Hathaway,in large portion due to Congresss tax code changesWarren Buffett on Saturday reported a record quarterly and annual profit for his Berkshire Hathaway conglomerate, thanks in portion to a $29.1bn boost “delivered” by the Republican tax cut.
In his annual letter to shareholders, and the billionaire investor wrote: “Berkshire’s gain in net worth during 2017 was $65.3bn.” Related: IMF chief warns Trump's tax cuts could destabilise global economy Continue reading...
Source: theguardian.com