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mrdecember123

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mrdecember123

Re: mrdecember123 post# 3255

Saturday, 12/16/2017 8:53:50 AM

Saturday, December 16, 2017 8:53:50 AM

Post# of 9631
Also saw corporate tax rate of 21% is effective immediately. Think there was a possibility they might delay that til 2019. So great news!

Seems like a major positive for all of our profitable companies that pay taxes. And not reflected in the profitable microcaps AT ALL. If a company is suddenly going to be paying taxes at 20-25% instead of 35-40%, that's a big boost to the bottom line. Maybe profitable micros with fully taxed earnings will become the new momo darlings in the coming weeks/months :)
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