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Investopedia Q For the wealthy, banks, and other corporations, the tax reform package was considered a lopsided victory given its significant and permanent tax cuts to corporate profits, investment income, estate tax, and more. Financial services companies stood to see huge gains based on the new, lower corporate rate 21% , as well as the more preferable tax treatment of pass through companies. 4 Some banks said their effective tax rate would drop under 21% meme
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