Why Nostr? What is Njump?
2024-07-28 00:33:04

Robert Reich on Nostr: Trump’s tax law cut the corporate tax rate from 35% to 21%. What did corporations ...

Trump’s tax law cut the corporate tax rate from 35% to 21%.

What did corporations do with the money saved?

They didn’t invest it or raise wages.

They spent a record $1 trillion on stock buybacks the year after the law went into effect.

Nothing trickled down to workers.
Author Public Key
npub1xjw63jkr96vkk629pgxw8k4emj02v2uedhffwrc72vld3xqmxrssgp3c9q