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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: sykesix ✭  😊 😞
Number: of 21937 
Subject: Re: Buffett’s view on current account deficits
Date: 04/12/25 4:44 PM
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No. of Recommendations: 4
Never heard that. Property taxes are a form of wealth tax, including the portion of an auto registration fee that is based on the value of the car. The estate tax is a form of wealth tax.

It is a grey area. The constitution forbids "direct taxes" which many people believe would preclude wealth taxes. But the states are not bound by this requirement, hence property taxes.

Estate taxes are a transfer tax, and technically paid by the heirs of the estate.
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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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