READ: Studies show that lowering the corporate tax rate will lead to wage growth in America. https://go.usa.gov/xnr7R pic.twitter.com/QzwqJ62ji2
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Another study by
@BU_Tweets Professor@Kotlikoff found that the GOP#taxreform framework will grow wages by between 4 & 7 percent.Show this thread
.@NRFnews found that if congress reduces the corporate tax rate to 20 percent, it could lead to wage increases between $32-97 billion.
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@BizRoundtable found that 76 percent of CEOs said that#TaxReform would lead to increased hiring.Show this thread -
Comprehensive
#taxreform can help keep more jobs and investment here at home and give the American people a much deserved pay raise.Show this thread
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1-"Could" is the operative word. There's nothing here to incentivize wage hikes. As Trump loves to point out, stocks are high, & many
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2 of the largest company's are reporting record profits, so if they haven't handed out raises yet, there's no reason to think they will now.
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I've asked this before, but I'll ask again. Would the tax cuts be tethered to mandatory wage increases? Or is this just presumed?
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