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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: hedgehog444   😊 😞
Number: of 21944 
Subject: Re: Buyback tax
Date: 03/18/24 12:55 PM
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No. of Recommendations: 2
If the law was written such that the tax only was on buybacks when the stock was above current value it could have some interesting consequences. It might force companies to get some kind of fairness letter that they weren't throwing away money and might help investors decide whether they agree with that assessment of value. And those that buy back at laughably high valuations might see themselves arguing with the IRS in court if the letter tries to hide that fact.
Rgds,
HH/Sean
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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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