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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: tecmo   😊 😞
Number: of 21943 
Subject: Re: Buffett’s view on current account deficits
Date: 04/10/25 10:36 AM
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If we change to word "VAT" to tariffs on "all" goods (figuring that the vast majority of "goods" are made from imported content if not imports themselves), what would the pragmatic difference be?

A tariff is essentially at tax on consumption; so it should have the same impact as a VAT (with some important additional side effects which might be viewed as positive or negative).

* It will impact imported goods more than domestically produced
* It will impact exporters due to counter tariffs imposed by other countries


tecmo
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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