Replies to post #74520 on Mr Cooper Group Inc (COOP)

[savy]

Which is the same as money in their pocket. A penny saved is a penny earned. Any taxes you dont have to pay is money in the pocket for them. I make a half million a year now and would love to not have to pay taxes on a chunk of my future earnings or have extra write off's or take in cash and not pay taxes on it because of some NOL thing. I have a corporation and if i had NOL then Im not paying taxes on everything i bring in because of the write off. Write off are the same as cash. You know that. Im just saying its the same as cash. It will translate into the companys worth in the end.

[grandetourismo]

The net effect the NOL has on the bottom line though, is the same as cash.


..."It negates paying high taxs in future years or owed taxes"