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Home / MCNTalk / Warren Buffett’s Stance on Health Care Versus Taxes

May 9, 2017

Warren Buffett’s Stance on Health Care Versus Taxes

According to this article featured in the New York Times, Warren Buffett has “one of the most cogent arguments for renewing attention on the underlying costs of our health care system.” This goes beyond the issue of the Affordable Care Act and whether it is replaced or not. According to Mr. Buffett, our global competitiveness has fallen in large part because U.S. businesses are paying more for health care than businesses in other countries. He believes that our health care system is the true barrier to our world competitiveness in this country. The article goes more in depth with numbers, comparing corporate tax rates in the 1960s compared to now as well as more of what Mr. Buffett said during Berkshire Hathaway’s annual shareholders’ conference. As always, we love to hear your thoughts on any articles we share.

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