At last: A company that posted a huge loss because of the tax cut

Democrat/media predictions of calamity caused by the tax cuts have, needless to say, not come to fruition. Companies are keeping and reinvesting more of their earnings. People are keeping more take-home pay. Companies are bringing money home from overseas. And the economy is growing at a break-neck pace. Things are not good for the doomsayers, but then how could it be otherwise. Is it possible that there's a company so inept that it could actually turn a gigantic reduction in the corporate tax rate into cause for a net loss on its balance sheet? Such a company would have to be monumentally dysfunctional, operating on an insane business model and led by utter fools. It would have to be such a terrible company that there might be a recent chapter in its history where it might have gone out of business without the benefit of a completely undeserved bailout.

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