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Politics

It's a natural correction to an unnatural - growth that was going on

Posted: Feb 6th, 2018 - 8:39 am In Reply to: Tax cuts for companies allow them to invest MORE and hire - MORE. They are bringing MORE money

The numbers are still not out on exactly how much the tax cuts helped. We do know Paul Ryan's secretary is making $1.50 more a week though. I have heard the ones who feel they had to advertise their bonuses, though many of them did that in conjunction with lay-offs.

I have not seen where they are bringing more money back from overseas. If you have a link that shows that it would be appreciated. I have also heard many of these companies bought their own stock with the tax cuts and are not investing in anything other than their own pockets.

It's really too early to tell what these tax cuts will do. We are not in the 70's so can't compare what is going on now to that. It was a totally different world back then. CEOs didn't make several hundred times more than their employees.

Again, time will tell.

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