Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2012-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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I Don't Want a Value Added Tax

I think we get a lot of trouble when we give people the money and then come up around later and try and take it back human nature really resists that. And I don't think a 52% tax rate We may have gotten by with it when we started led the world, but I'm not so sure it would be a good idea right now to have our taxes 52% and the rest of the World Taxing Corporate profits at 15%. Since a little money is involved It's not where the game should be played.

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