Corporate tax rates were reduced in 2018 from 35% to 21%. It does not affect operating earnings, but net earnings increase. Any thoughts on the s&p500 price calculations based on net earnings? And top firms will keep innovating and keep improving productivity to try to protect margins.
great post!
Corporate tax rates were reduced in 2018 from 35% to 21%. It does not affect operating earnings, but net earnings increase. Any thoughts on the s&p500 price calculations based on net earnings? And top firms will keep innovating and keep improving productivity to try to protect margins.