http://www.newsweek.com/republican-tax-cuts-trump-wage-increases-879800?utm_campaign=NewsweekFacebookSF&utm_source=Facebook&utm_medium=Social
The republicans have sold our our country to the power elite, like the Koch brothers, now they are leaving the country to he Democrats, whom they will blame when the damage becomes evident.
By Nicole Goodkind On 4/10/18 at 4:46 PM
•••••
Trump and Republican leadership have long touted their tax cuts as a massive boon to America’s working class, if not through direct tax reductions or refunds, then through the trickle-down effect of bonuses and wage increases from their employers who receive massive corporate cuts.
•••••
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.
•••••
No comments:
Post a Comment