Wednesday, January 31, 2018

Warsaw, IN-Based Co Zimmer Biomet 4Q 2017 Net Sales Up 3%, Operating Profit Down 112%, Pretax Income (Loss) Down 450% (From 4Q 2016 Pretax Income of $31 Mil to a 4Q 2017 Pretax Loss of $109 Mil), But Net Income Up 17 TIMES, or Up By $1.187 Bil ....................................................................................... So, How Can You Get Such a Ridiculous Situation Like This? Well, Enter the Trump Administration and the Republican-Controlled US Congress ....................................................................................... The Trump Tax Bill Increased Zimmer Biomet's 4Q 2017 Earnings By $1.306 Bil With Much More Than $1.306 Bil Being Due To the Tax Debt Forgiveness Bestowed on Zimmer Biomet and Funded Completely By US Taxpayers: The Exact Amount of Tax Debt Forgiveness Wasn't Disclosed By Zimmer Biomet, Only That It Is Much Higher Than $1.306 Bil