[ColdNoMore]

Originally Posted by graciegirl

Snip>....The tax cuts were to level the playing field and make U.S. Corporations equal to their global competition, in part. U.S. Corporations, "big business" is often spoken about as the devil incarnate, and usually by the segment of the population who did not ever work for private enterprise<...Snip

You really should start doing your own research and try to think for yourself, instead of just listening...to whatever sources are feeding you the lies you spew.

Tax Cuts

The economy “has been doing well since the tax cut.

It was doing well for several years before the tax cut,” he said.

Most of us are paying a little bit less in taxes, but Howard Gleckman at the Tax Policy Center said the real winners are corporations; they saw their tax rate cut almost in half. He said companies were all of a sudden sitting on piles of cash.

“They looked around to see what they could do with it, whether they could make productive investments in workers or productive investments in new capital, new equipment, and they decided that they couldn’t,” he said. “So what did they do with the money?

They just gave it to the shareholders.” Not to their workers.

The president said wages would grow substantially and quickly as a result of the tax cuts. But we’re not seeing that.

What we are seeing is companies buying their stock back from shareholders. So if you have stock in your portfolio, you’re a little bit richer.