VENTURA — Patagonia, the outdoor gear company, is passing along the $10 million it saved from tax cuts to nonprofit environmental groups. Corporations received a windfall from the GOP's sweeping overhaul of the U.S. tax code last year, which slashed corporate rates from 35 percent, to 21 percent. The California company...
Tax Cuts Deliver Huge Win for Corporate Sector
Following the rollout of the much-touted Republican Tax Cuts and Jobs Act, passed in December 2017, most of us have wondered how the new policy is affecting various sectors of the economy. It’s still early, but the numbers from the first quarter of 2018 are noteworthy. First, let me clarify...