Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
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Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#2Nit from the end-note:
> On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article.
Hard to imagine someone who invests would have no indirect positions in BRK. Any broad-market ETF would have substantial exposure.
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#3Wow and they still make money despite paying their fair share. Who would have ever thought.
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#4Wow and they still make money despite paying their fair share. Who would have ever thought.
I always find "fair share" to be an odd argument. Who decides what's a fair share?
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#5What a PR powerhouse.
Publicly saying "we paid lots of tax" would be career suicide for a tech CEO.
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#6Nit from the end-note: > On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article. Hard to imagine someone who invests would have no indirect positions in BRK. Any broad-market ETF would have substantial exposure.
I think that's still fair, market following ETF/mutual funds are kind of the gold standard for avoiding conflict of interest issues. It's what my job forces me into to make avoiding insider training easier.
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#7Wow and they still make money despite paying their fair share. Who would have ever thought.
But corporate taxes are on profit, not revenue, so almost by definition any company that "paying their fair share" is "still makes money".
Re: Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
#8The corporate tax system is so complex it seems impossible to actually figure out what that 5% means though.
e.g. They could be highly concentrated in industries where tax accounting tricks are too hard to do effectively.