They have to declare losses before they can declare the gains next year at the lower rate?
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Dumping their losing positions? There's no way this bill directly causes their bottom line to fall off a cliff. I bet they increased their profits by X, dumped losing positions worth 2X, write off the loss and smash records next yearpic.twitter.com/xCmTRR6gzh
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Something tells me they'll deduct that twice
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Of course they did. That only makes sense. Defer profits to next year where you pay less tax. That is only good strategy. To believe anything else is ignorant of how companies operate.
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well if goldman sachs say it. It must be true
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If that's 2017 4th quarter earnings that's probably due to their record spending on tax bill lobbyists which cut into their profits. And yes GS is infallible. They never lie!
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So much for that big tax break for the wealth
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Still no arrests made at this fraudulent co. How soon Americans forget!
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GS is going to win hugely!Their top execs are going to get heavily compensated now w/Stock opts.Creative acctg w/allow them 2 reduce their tax liab this yr, defer to next yr @ greatly reduced rate.This is the co that was 2big 2fail so we bailed em out.repubs took away safeguards!
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@CaraRLombardo Is Goldman-Sachs include in the 1% ?!Thanks. Twitter will use this to make your timeline better. UndoUndo
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BWAHAHAHAHHA OLDMAN SACS! thata great.....phew
#ancienttesties#canyouthrowemovahyoshoulder#FakeNews#FakeFruitcakeFactsThanks. Twitter will use this to make your timeline better. UndoUndo
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WHAT NO MORE
@TheDemocrats TO BAIL THEM OUT, GIVE THEM $.Thanks. Twitter will use this to make your timeline better. UndoUndo
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