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Warren Buffett delivers clear inflation warning, slams 'disgusting' business leader behavior in annual letter

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Warren Buffett delivers clear inflation warning, slams 'disgusting' money manager behavior in annual letter

"During the decade ending in 2021, the United States Treasury received about $32.3 trillion in taxes while it spent $43.9 trillion," he wrote, saying Berkshire paid $32 billion in U.S. corporate income taxes during that time period.

FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska. FILE PHOTO: Berkshire Hathaway shareholders walk by a video screen at the company's annual meeting in Omaha May 4, 2013., which Buffett said reflected a "good" year – including a record $30.8 billion operating profit. The company also posted a $22.8 billion annual net loss.

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018.

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