AT&T's Big Tax Savings: A Game Changer for Investors
AT&T expects to save $1.5 to $2 billion in taxes this year due to new laws, boosting its cash flow projections. These changes allow quicker tax deductions on assets and R&D expenses, benefiting companies like AT&T while fueling stock markets. Although this won't directly impact earnings, it provides more cash for shareholders and debt reduction. Other tech giants, such as Amazon and Meta, anticipate even larger tax savings, highlighting a significant shift in corporate tax benefits that could reshape financial landscapes.
