Billionaire Warren Buffett is confident that Berkshire Hathaway will be a mainstay of the U.S. economy for the next 100 years, regardless of whether it sometimes underperforms bull market runs, like it did last year.
New Jersey’s senior U.S. Senator voted last to advance legislation that would ensure millionaires and billionaires don't pay a lower tax rate than middle class American families, but Republican Senators blocked action on the “Buffett Rule.” U.S. Senator Frank Lautenberg (D-NJ) says the GOP is protecting lucrative tax loopholes for the wealthiest Americans.
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