Instead of giving workers major wage increases, hiring new workers or investing in new equipment and research, the most popular use of the savings from the #GOPTaxScam for corporations is corporate share buybacks.https://www.usatoday.com/story/opinion/2018/03/05/corporate-america-invites-backlash-editorials-debates/388436002/ …
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"The tax bill was sold as a way to create jobs and boost stagnant wages. So far, at least, corporations have been showing more concern about shareholders than about employees or the economy as a whole."
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The problem is, share buybacks don’t really help workers. They don’t directly help grow the economy. They’re a quick way for big corporations to take more of their stock off the market, raising the value of the shares. Who benefits? Take a look:
#GOPTaxScampic.twitter.com/O6vv4cahxx
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I just got back from the accountant Sen Schumer and it an absolute given that I will pay MORE taxes in 2018. All the while, my company which shall remain nameless is getting ridiculous tax breaks but STILL planning more layoffs. PLEASE help and run for POTUS in 2020!!!
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Convenient that your business remains nameless. Pretty sure you’re just lying.
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Funny, I get 75 bucks a week extra. Guess this was the work of the dems? How you became a senator is beyond me, do you ever tell the truth?
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Chuck never ran a hot dog stand. Notice how workers have more money in their pockets but chuck is worried about who has more. DEMOCRATS ARE FOR CLASS AND COLOR WARFARE. Please understand that. U have more money in your pockets to spend. U got ZERO WITH OBAMA ZERO!!!!! 0xChuck=0
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you never paid attention in class did yas?
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laughs..look at my profile sweetie...you have SO much to learn. But I see another that is incapable..poor baby..
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Tyson Foods expect +$300 million from tax reform, which will more than pay for their Financial Fitness Program that will eliminate 600 mainly head office jobs. Also will "accelerate repaying debt and returning cash to shareholders through share buybacks and dividends".
Thanks. Twitter will use this to make your timeline better. UndoUndo
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America does not have a taxing problem Chuck, America has a spending problem. It is wrong to take 35 cents of every dollar a corporation makes. Taxation is nothing more than legalized theft!
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And what have you done for working Americans
@SenSchumer? Other than raise taxes and rig regulations so employers would t invest? - 1 more reply
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Not my husbands pay stub, he is now layed off. No paycheck and no insurance!! Oh yes and no Christmas bonus this year.
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