MedPage Today: Tenet Gets Big Federal $$$ but Still Cuts Employees
media mentionMany companies, including Tenet, delayed paying their 2017 tax liabilities at the rate then (35%) to follow whatever the rate is when they decide to pay (21% for 2019), said Matthew Gardner, a senior fellow with the Institute on Taxation and Economic Policy.
“That’s certainly an incentive created by the tax cut,” Gardner told MedPage Today. “No question companies have a lot of discretion on a large chunk of their income. Companies have a lot of latitude in choosing when to execute tax breaks.”