Corporate tax overhaul could mean a big windfall for banks

Dan Gorenstein Dec 20, 2017
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Corporate tax overhaul could mean a big windfall for banks

Dan Gorenstein Dec 20, 2017
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The Republican $1.5 trillion tax bill has been delayed because of procedural challenges from the Democrats. But when it does finally go through, one of the big winners will be banks. That’s because most of their business is here in the U.S., so they often pay higher taxes than other industries. A corporate tax rate cut could bring a huge windfall.

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