Considering the idea that there is a push by the Trump administration for tax reform along with tax reduction, we looked to a screen in order to find companies that may benefit. This was a topic of discussion on The Disciplined Investor Podcast (#494) and we promised to make that list available.
The effective tax rate is the average rate at which a corporation is taxed. For our use, this is the average rate at which its pre-tax profits are taxed.
One of the ways that we like to find stocks is to s