Buffett Says Tax Cuts Provide Huge Boost to US Businesses

[McFurd]

US News and World Report - 2/26/2018 - Billionaire Warren Buffett says the tax overhaul Congress passed last year will provide a "huge tailwind" for American business. Buffett's Berkshire Hathaway reported a $29 billion paper gain on far-reaching changes to the U.S. tax code, and the conglomerate will benefit from a lower tax rate going forward. Buffett appeared on CNBC Monday after releasing his annual letter to Berkshire Hathaway shareholders on Saturday. But Buffett says he's had a hard time finding acquisitions at reasonable prices so he's sitting on $116 billion cash and short-term bonds. Read more @ https://www.usnews.com/news/business/ar ... businesses