Trump's Tax Cuts for the Rich Not Benefiting US Workers


 

Trump's Tax Cuts for the Rich Not Benefiting US Workers
 


16 May 2018 at 7:05:15 AM
salon

Newsweek

But a new analysis of all Fortune 500 companies found only 4.3 percent of workers will receive a one-time bonus or wage increase tied to the business tax cuts, while businesses received nine times more in cuts than what they passed on to their workers, according to Americans for Tax Fairness, a political advocacy group devoted to tax reform. The analysis also found that companies spent 37 times as much on stock buybacks than they did on bonuses and increased wages for workers.

...

The newest projections by the nonpartisan Congressional Budget Office found that the Republican tax plan led to, in part, a 2018 deficit $242 billion higher than previously estimated.

 

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Comments

salon > Hi, Peter. Long time no hear. The theme of my post, above, is about religous people who believe that god put trump in office. Do you have a specific opinion on that?  On your general comme.... (What is WRONG with ANY Religion that believes a god put a man like Trump in power)

pstern > What a nation of lost souls we have. Determined people are doing whatever they want...which is to create chaos and to bring down our government. While our government is a mess, it's still the b.... (What is WRONG with ANY Religion that believes a god put a man like Trump in power)

salon > From the Dallas Observer in 2015 Prestonwood Baptist Church and its supporters have never liked talking about the convicted pedophile who once worked there and have let that be known in very pointe.... (Prestonwood Baptist Church in Dallas Back in the News-Internet Sex Sting with Pastor)

salon > Saw this video today   (Pesky Black Buzzards)








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