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Alias Born 08/25/2010

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Sunday, 02/10/2019 2:45:23 AM

Sunday, February 10, 2019 2:45:23 AM

Post# of 37346
HUGE: If Sears posts profits in the future, it won't have to worry about paying taxes for years to come. The past losses — more than $12 billion since its last profitable year in 2010 — will shelter future earnings from taxes. It's one reason that General Motors, a decade removed from its bankruptcy, is still paying few federal taxes, even though it has since made billions of dollars and posted record profits.

https://www.cnn.com/2019/02/09/business/sears-survival/index.html

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