One of the most important tools for taxing the wealthiest sliver of Americans is a levy they don’t pay with a personal check to the government: the corporate income tax https://t.co/qmgiuY1Hw8 ...

The Oracle of Omaha sent two-thirds of his company's largest investment holding packing in favor of a 7.7% stake in a steadily growing, consumer-facing business. Buffett bids adieu to more than 615 million shares of Apple When the third quarter of 2023 came to an end, Warren Buffett oversaw 915,560,382 shares of Apple in his company's investment portfolio. But over the following 12 months, Berkshire's billionaire chief disposed of 615,560,382 shares, equating to a decline of 67%. Buffett still holds 300 mil ...

Core Viewpoint - The article highlights the trend of proactive fiscal spending in the early months of the year, with a significant focus on social welfare and public services, despite a decline in overall fiscal revenue growth. Group 1: Fiscal Revenue and Expenditure - In the first two months, general public budget revenue reached 4.4 trillion yuan, showing a year-on-year decline of 1.6%, which is below the previous year's growth of 1.3% and the budget target of 0.1% [3] - The general public budget expenditure was 4.5 trillion yuan, with a year-on-year growth of 3.4%, slightly lower than the previous year's growth and the target of 4.4% [5] - The broad fiscal deficit reached 621.7 billion yuan, marking a historical high for the same period, indicating significant expenditure pressure amid declining revenue [2] Group 2: Focus on Social Welfare - There was a notable increase in the proportion of expenditure directed towards social welfare, education, and employment, while infrastructure spending saw a decrease [6] - The central government's expenditure growth rose to 8.6%, while local government expenditure growth fell to 2.7% [5] - Personal income tax revenue showed a rebound with a growth rate of 26.7%, reflecting marginal improvements in residents' income [4] Group 3: Government Fund Performance - Government fund revenue growth recorded a decline of 10.7%, falling short of the initial budget target of 0.7% [7] - Government fund expenditure growth decreased to 1.2%, which is below the initial target of 23.1% but higher than the previous year's growth of 0.2% [7]