Originally Posted by
Gjn290
Profit predictions are done as a pre-tax margin, therefore the tax reform doesn’t change anything. If you listen to Q&A’s or attend a roadshow, you would know why the tax reform argument doesn’t work. Spirit basically pays zero cash tax, due to growth and aircraft deliveries.
I know it’s hard, but try and listen to the experts.
Interesting. Then why is there an article on the stock that says in 2018 after passing this TA and getting both the tax cuts plus a few additional planned cuts/efficiency improvements it will hardly change the huge money printing machine that Spirit Airlines is....