Originally Posted by
FlyGuy2002
quit making up numbers... net income YE 2016 was around 264 million. a 31% tax rate is roughly 81 million in federal tax. a reduction to 21% rate is of 264 million is roughly 55 million. a savings of 26 million. Not a math wiz but 26 million in savings is quite a difference from your 200 million calculation. your about 174 million off.. If your gonna spread fake news, atleast make it believable fake news!!
My apologies. 26 million times 7.5 years (how long we've been under this contract, and probably the same for the new one) equals 195 million. Not much of an exaggeration in my opinion. And when you factor net income increasing as we go (hopefully), 200 million might be a low ball number. Point being, it's pathetic where we are at. I hope the MEC votes to save us from ourselves and doesn't put this up for a ratification vote.