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Warren Buffett: Trump tax cuts a "huge tailwind" for businesses

Erica Pandey, author of @Work

Photo: Daniel Zuchnik / WireImage

Business magnate Warren Buffett told CNBC on Monday that his conglomerate Berkshire Hathaway will benefit from the newly-enacted tax law, which cuts the corporate tax rate from 35% to 21%. He called the cuts are a "huge tailwind" for American companies.

Flashback: In October, when the tax plan was initially proposed by President Trump, Buffett opposed the idea, saying, "We have a lot of businesses ... I don't think any of them are non-competitive in the world because of the corporate tax rate."

Go deeper

Dan Primack, author of Pro Rata
25 mins ago - Podcasts

Carbon Health's CEO on unsticking the vaccine bottleneck

President Biden has said that getting Americans vaccinated for COVID-19 is his administration’s top priority given an initial rollout plagued by organizational, logistical and technical glitches.

Axios Re:Cap digs into the bottlenecks and how to unclog them with Carbon Health chief executive Eren Bali, whose company recently began helping to manage vaccinations in Los Angeles.

Axios
Updated 34 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Politics: Biden unveils "wartime" COVID strategy — Biden's COVID-19 bubble.
  3. Vaccine: Florida requiring proof of residency to get vaccine.
  4. World: Hong Kong to put tens of thousands on lockdown as cases surge.
  5. Sports: 2021 Tokyo Olympics hang in the balance.
Go deeper (1 min. read)Arrow
Ursula Perano
46 mins ago - Politics & Policy

Biden administration unveils plan to combat domestic extremism

Photo: Alex Wong/Getty Images

White House press secretary Jen Psaki announced at a briefing on Friday that the Biden administration will roll out a three-pronged interagency plan to assess and combat the threat posed by domestic violent extremism.

Why it matters: The federal government's approach to domestic extremism has come under scrutiny in the wake of the Jan. 6 attacks on the Capitol by a pro-Trump mob. In his inaugural address, Biden repudiated political extremism, white supremacy and domestic terrorism, vowing to defeat them.

Go deeper (1 min. read)Arrow