Buffett's Berkshire could get $29 billion Trump tax boost: analyst

Trump's proposed reduction could help Berkshire lower its net deferred tax liability to $21.6 billion from $50.5 billion, excluding sums associated with its regulated utility units, Barclays analyst Jay Gelb said. Shareholders could reap the benefit, particularly because Buffett considers book value, a measure of assets minus liabilities, a key measure of Berkshire's growth.