Trying to predict tax bill winners and losers? Think again
(WorldNews Business)

NEW YORK — As a Republican-backed tax cut bill makes its way through Congress, some investors are scouring the market for potential winners and losers: companies they think will benefit the most, and those who’ll be left out. But it might not be that simple. The top corporate tax rate would fall to 21 percent from 35 percent if the bill passes in its current form. In recent days banks have rallied, as investors feel they are likely to get a big boost from that change. Technology companies have lagged, as they already pay taxes at relatively low rates. Mark Hackett, chief of investment...