Effective tax rates before and after the Trump tax law:
Verizon
Before: 21%
After: 8%
Walmart
Before: 31%
After: 17%
AT&T
Before: 13%
After: 3%
Walt Disney
Before: 26%
After: 8%
FedEx
Before: 18%
After: 1%
This is what a corporate giveaway looks like.
@AshrafGarda As an American who spent three years (2012-15) in South Africa and came to love it, I sincerely hope you are right. I would rejoice to see a South Africa that serves its people and becomes a beacon of hope for us all.
@nytimes That would be very bad news. Let's hope, if that's the verdict, we'll see real and substantial agreements among countries, especially the U.S., to address this crisis.