Warren Buffett Company Seeks Tax Breaks in Mass.
For investing in a jewelry manufacturing plant
Warren Buffett may be an outspoken advocate for higher taxes on wealthy Americans like himself. But his companies are not shy about asking for a tax break.
Richline Group Inc., a subsidiary of Buffett's Berkshire Hathaway Inc., has requested tax credits from the state in order to invest in an Attleboro jewelry manufacturing plant. Richline has promised to create 100 new jobs and spend $3.6 million to upgrade the plant if it gets a little financial lift from the state.
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