Billionaire Warren Buffett has been busy talking about businesses until now when Trump became POTUS.
Although a wealthy billionaire, Buffett believes in equality and he is not down with the huge tax cuts he will be getting from President Trump taking away healthy-care from the less privilege in the country.
One must say, Buffett should be happy to Trump for the tax cut which will intend make him more rich but NO – Buffett is a big critic of Trump’s move to make the rich richer.
During the annual Berkshire Hathaway’s shareholder meeting held in Omaha, Nebraska, Buffett gave a speech that pointed at the wreck America’s economic may face with Trumpcare.
“Medical costs are the tapeworm of American economic competitiveness,” Buffett mentioned. “So it is a huge tax cut for guys like me,” Buffett said. “And when there’s a tax cut, either the deficit goes up, or they get the taxes from somebody else.”
The deficit is going to suffer under Trumpcare and run into trillions. It is the wealthiest who are going to enjoy the benefit of Trumpcare.
Buffett is a good friend of Barack Obama and a critic of Trump. It’s good that Warren Buffett is speaking out loud against Trump. Maybe, this is the time for wealthy Americans to show their love for their county by standing up against Trump.
Do you side with him?