99% of companies hoarding tax breaks instead of increasing wages [View all]
By Dan Desai Martin - October 2, 2018
Republicans left middle-class families behind with a tax scam aimed at making the rich richer.
Mountains of evidence continue to expose the the Republican tax scam as terrible deal for working-class families but a boon for rich corporations.
Case in point: Some 99 percent of companies said the tax scam was not prompting them to increase minimum wages for employees, according to Aon, a human resources consulting firm.
Aon’s survey of 1,000 companies was reported by the Wall Street Journal, and is consistent with other surveys of how companies are using the massive giveaway orchestrated by Trump and Republicans in Congress.
A separate poll of 1,500 companies, conducted by Mercer LLC, showed a mere 4 percent of companies “are redirecting tax savings to budgets for bigger paychecks in the coming year,” reports the Journal.
If the GOP-financed kickbacks aren’t going into the wallets of workers, where is it going?
https://shareblue.com/republican-tax-scam-companies-hoarding-instead-of-wage-hikes/
And this tax cut will eventually make the market go down......................shareholders do not in there libertarian way of thinking, think, that unless it is money for them everything else is shit, either you are a individual that make money and don't deserve it in the thinking , or a user of there that believes in economics for the social good................just ask the members to the Mount Perelin Society......................
= new reply since forum marked as read