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Warren Buffett Calls The Republican Health Care Plan "A Huge Tax Cut For People Like Me"

Buffett made the remarks at Berkshire Hathaway's annual shareholder meeting

Warren Buffett has criticized the Republican's health care plan, by declaring it is "a huge tax cut for guys like me." Speaking at Berkshire Hathaway's annual shareholder meeting, Buffett also explained how the cost of health care has a greater impact on businesses than corporate taxes.

A number of components of the Republican health care plan will benefit wealthier Americans, including a section that would repeal Obamacare's tax hikes on high-income households.

This article was written by a staff member of TheStreet.

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