Data Update 3: Taxing Questions

Taxes always matter, but this year, they matter more than most because the US tax code has been changed in significant ways, especially for corporate taxes. In this session, I look at the major changes in the tax reform package and how these changes will play out in cash flows, growth, cost of capital and value. I estimate both an overall value effect and redistributive implications, i.e., sectors that will benefit the most and face the most pain from the changes. Slides: http://www.stern.nyu.edu/~adamodar/pdfiles/blog/dataupdate3for2018.pdf Spreadsheet for value calculation: http://www.stern.nyu.edu/~adamodar/pc/blog/taxreformeffect.xlsax Sector tax effects: http://www.stern.nyu.edu/~adamodar/pc/blog/SectorTaxEffect.xlsax Blog Post: https://aswathdamodaran.blogspot.com/2018/01/january-2018-data-update-3-taxing.html Learn more about your ad choices. Visit megaphone.fm/adchoices