News Formal

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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines