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

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

 

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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