Federal Tax Cut

Pfizer’s 3Q profit, up due to tax cut, beats expectations

Pfizer posted a 45 percent jump in third-quarter profit, as it benefited from sharply lower taxes due to this year’s federal tax cut and slightly higher revenue. The maker of Viagra and nerve pain treatment Lyrica on Tuesday reported net income of $4.11 billion, or 69 cents per share. Adusted for one-time gains and costs, … Continue reading Pfizer’s 3Q profit, up due to tax cut, beats expectations

Federal Tax Cut Will Inject Nearly $40 Billion into the Housing Market

SEATTLE/ May 17, 2018 (STLRealEstate.News) — The Tax Cuts and Jobs Act enacted at the end of last year could result in tens of billions of dollars being reinvested into the housing market, according to the Zillow Housing Aspirations Report™[i]. This is despite the fact that legislation expressly limited a number of longstanding tax benefits … Continue reading Federal Tax Cut Will Inject Nearly $40 Billion into the Housing Market