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Warren Buffett Foresees Higher Taxes Amid Soaring National Debt

At Berkshire Hathaway's annual meeting, Buffett highlighted the inevitability of tax increases to manage the U.S.'s growing fiscal deficit.

  • Buffett predicts tax hikes as a more feasible solution than cutting government spending.
  • U.S. national debt exceeds $34 trillion, raising concerns over fiscal sustainability.
  • Buffett supports higher corporate taxes, noting Berkshire Hathaway's substantial contributions.
  • Economic experts debate the sustainability of debt levels relative to U.S. economic size.
  • Buffett reassures that U.S. debt remains manageable due to lack of viable alternatives.
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