How the Trump tax cut boosted CarMax ...

How the Trump tax cut boosted CarMax profits

There are 4 comments on the Automotive News story from Sep 26, 2018, titled How the Trump tax cut boosted CarMax profits. In it, Automotive News reports that:

CarMax posted a 22 percent rise in net income to $220.9 million in its second fiscal quarter, attributing the increased profits primarily to 2017's corporate tax cut, the nation's largest used-car retailer CarMax said the effective tax rate's decrease to 23.7 percent from 37.5 percent helped boost its bottom line during the quarter ending Aug. 31. The tax cuts were the main driver of higher profits in CarMax's first quarter, too. The retailer's gross profit increased 8 percent in the most recent quarter to $650.6 million, and total revenue climbed 9 percent to $4.77 billion.

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hepchildrenACuni ts

Phoenix, AZ

#1 Sep 26, 2018
I sold them my wrecked car. My missing earrings that disappeared around the time I had to replace a flat due to an AC screw in it though missing a long time suddenly reappeared.
Jorge the Illegal

Mooresville, NC

#2 Sep 27, 2018
hepchildrenACunits wrote:
I sold them my wrecked car. My missing earrings that disappeared around the time I had to replace a flat due to an AC screw in it though missing a long time suddenly reappeared.
my baby momma lost her earrings and car once and they somehow appeared at first cash pawn shop about 90 days later
Bloodonhishands

Albuquerque, NM

#5 Sep 29, 2018
Got to love Capitalism!
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Galion, OH

#6 Oct 1, 2018
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