It passed massive tax cuts in December, you see, and that would fill America’s wallets to the point that voters could barely resist pulling the lever for the party come November. Since then, the conversation about tax cuts has died down. Even as Tax Day loomed, Americans weren’t rushing to Google to learn how the tax cuts might affect them. One group of Americans most certainly had noticed the positive effects of the tax cuts, as reported by the Associated Press. Combined, the six banks saved at least $3.59 billion last quarter, according to an Associated Press estimate, using the bank’s tax rates going back to 2015.”$3.6 billion.

Source: Washington Post April 20, 2018 20:32 UTC