Buffett Says Republican Health Plan Sure to Help Wealthy
- Bill would end taxes on top earners’ payrolls, investments
- Medical costs are ‘tapeworm’ eating American competitiveness
Berkshire After Buffett
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The health care bill approved by House Republicans this week with the support of President Donald Trump will aid the wealthiest Americans at the expense of everyone else and likely drive up the budget deficit, billionaire Warren Buffett said.
“It is a huge tax cut for guys like me,” Buffett said Saturday at the annual meeting of his Berkshire Hathaway Inc. in Omaha, Nebraska. “And when there’s a tax cut, either the deficit goes up or they get the taxes from somebody else.”