Parsippany,NJ-Based Hotel Co Wyndham Worldwide Magically Turns a 4Q 2017 Pretax Income Decline of 65% From the 4Q 2016 Into a 4Q 2017 After-Tax Net Income Increase of 181% From the 4Q 2016 ....................................................................................... So, Just How Does That Earnings Magic Happen? ....................................................................................... It's All Due To the Trump Tax Cuts Act, Which Yielded Wyndham an Income Tax Benefit of $425 Mil in the 4Q 2017 Resulting Primarily From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the US Trump Tax Cuts Act