Trump's tax cuts changed US economy [CNN]
H&R Block, Inc. (HRB)
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Source: CNN
4 ways Trump's tax cuts changed the American economy Some of its effects are already visible, and some of them will take months, or even years, to understand. After all, economists are still publishing studies about the effect of the last comprehensive tax overhaul back in 1986, signed by Ronald Reagan. Here's what we can — and can't — say about how President Donald Trump's tax cuts have impacted the economy so far. 1. Corporate taxes fell off a cliff, fueling deeper deficits One of the central features of the Tax Cuts and Jobs Act was a drop in the corporate income tax rate, from 35% to 21%. Even though plenty of companies never paid that full rate because of various exemptions, the decrease still took a big bite out of corporate tax collections. They plunged from a seasonally-adjusted annual rate of $264 billion in the fourth quarter of 2017 to $149 billion the next, when the new rules went into effect, and they haven't bounced back. Corporate income taxes make up only a small s
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News
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- H&R Block's Tax Day outage frustrates last-minute filers [FOX Business Network]FOX Business Network
- Why isn't filing taxes easier? [Yahoo! Finance]Yahoo! Finance
- Some H&R Block users report filing issues on tax deadline day [Yahoo! Finance]Yahoo! Finance
HRB
Earnings
- 2/6/24 - Beat
HRB
Sec Filings
- 2/23/24 - Form 144/A
- 2/23/24 - Form 4
- 2/23/24 - Form 144
- HRB's page on the SEC website