But that’s not to say the outcome of this election doesn’t matter. Joe Biden promises more aggressive measures to stem the spread of Covid, including a national mask mandate, which is a trade-off businesses would take if it meant staying open. But he also promises higher taxes: for corporations like Berkshire, but also for top earners like Buffett. The billionaire has lamented for years that his office staff have paid a higher tax rate than he has. Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals.

Source: Mint November 06, 2020 12:22 UTC