BUFFET'S BERKSHIRE HATHAWAY MADE $29 BILLION FROM TRUMP TAX CUT ALONE

That's what Warren Buffet claims.

$29 billion. Just like that. As soon as the plan was agreed. $29 billion. And it's all going to shareholders.

“Berkshire’s gain in net worth during 2017 was $65.3 billion, which increased the per-share book value of both our Class A and Class B stock by 23 percent,” Buffett wrote in a letter to Berkshire Hathaway shareholders that accompanied the company’s annual report.

He said much of that gain was due to the tax-reform bill.

“A large portion of our gain did not come from anything we accomplished at Berkshire. The $65 billion gain is nonetheless real — rest assured of that. But only $36 billion came from Berkshire’s operations. The remaining $29 billion was delivered to us in December when Congress rewrote the U.S. Tax Code,” Buffett wrote.

Warren Buffet: GOP tax law will give US businesses a "huge tailwind" https://t.co/fwxLF6ixnw pic.twitter.com/ACM87cqedh

— The Hill (@thehill) 27 February 2018