January 30, 2018

Only 9% of wealthiest companies have shared tax cut with staff

Common Dreams-Less than ten percent of the nation's wealthiest and most-profitable companies have shared any of the financial benefits they received from a massive corporate tax cut provided by President Donald Trump and Republicans, a new analysis shows.

According to Americans for Tax Fairness, a coalition of organizations which advocates for progressive tax reform, the numbers in their new analysis reveal that the GOP public relations campaign touting the idea that corporations would be sharing "a big slice of their huge Trump tax cuts with their workers through bonuses and wage hikes is mostly hype."

No comments: