Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (58) |
Author: OrmontUS ✶🐝  😊 😞
Number: of 15058 
Subject: Re: Buffett’s view on current account deficits
Date: 04/10/2025 10:05 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
OK, first of all, I am against the recent tariffs for a nummber of reasons.

That said, Jims statement:
"I estimate a US national VAT of 5-7% on all goods and services (other than the usual like food and rent) would make the debt problem go away."

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?

Jeff
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (58) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds