Originally Posted by Bladewire

Wow! $29 Billion that could have gone to building roads and improving infrastructure... gone. Poof!

Warren Buffett shareholder letter says Berkshire posted $29 billion gain from tax cut law

""The remaining $29 billion was delivered to us in December when Congress rewrote the U.S. Tax Code," he explained. The new law cut the corporate income tax rate to 21% from 35%, a change that has seen boosting the earnings of scores of U.S. companies."