Corporations Hoard Their Trump Tax Windfall
Written by Econintersect
The justification for the major tax cut for corporations was that they could then be more able to invest and grow their businesses. But that does not seem to have been the case so far After President Trump signed the GOP tax plan into law, some of the bill’s corporate beneficiaries have offered workers minor bonuses. But Prof William K. Black says they’re keeping most of the money for themselves (and starting a new global race to the bottom for corporate taxes) in an interview on The Real News Network.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201802191958
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