Mr Cooper Group Inc (COOP): Mulvaney Says Administration Wouldn’t Op...

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Friday, 11/10/2017 7:05:36 AM

Friday, November 10, 2017 7:05:36 AM

Mulvaney Says Administration Wouldn’t Oppose Corporate Tax Cut Delay

https://www.bloomberg.com/news/articles/2017-11-09/mulvaney-says-good-arguments-to-delay-corporate-tax-rate-cut

White House Budget Director Mick Mulvaney said the Trump administration wouldn’t oppose delaying a cut in corporate tax rates until 2019.

[...]

“I heard some really interesting arguments just in the last hour about how some folks think that might actually spur more economic activity in 2018 because businesses would be interested in pushing even more investment into 2018 so they could take the write-off at that higher 35 percent rate,” Mulvaney said. “That’s a very compelling argument.”

==> still 35% tax savings for 2017 and complete year 2018

They have to do a bigger deal than the failed deal from 2015 to use more of the NOLs at 35% in the first year IMO

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- Just my personal opinion, no investment advice! -
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