Tax Cut Helped Banks’ Earnings Growth—But Not for Much Longer

📆 13/01/2019 1:30 p. m.
📰 WSJ

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The fourth quarter will be the last time the drop in the tax rate to 21% from 35% magnifies profit growth because of favorable comparisons with when taxes were higher

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Not true. Each year companies should have higher earnings based on the tax savings from the previous year on higher earnings

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