Warren Buffett predicts ‘higher taxes are likely' for the U.S.

The U.S. government may be gearing up to take a larger slice of corporate profits, prompting Warren Buffett, the chairman of Berkshire Hathaway (NYSE: BRK.A), to strategically adjust his investment moves. During Berkshire Hathaway’s annual shareholder meeting, Buffett addressed his recent sale of 115 million shares of Apple (NASDAQ: AAPL) , attributing it to his anticipation of potentially higher taxes. Dubbed the ‘Oracle of Omaha’, Buffett expressed his belief that companies, including his own, might soon ...