Send a Tweet
Most Popular Choices
Share on Facebook 4 Share on Twitter Printer Friendly Page More Sharing
General News    H3'ed 6/19/19

Bosses pocket Trump tax windfall as workers see job promises vanish

Quicklink Submitted By     (# of views)   1 comment, 6 series
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (24 fans)

“The evidence continues to mount that the Trump-GOP tax cuts were a scam, a  bait-and-switch promising workers big pay raises,  more jobs & new investments, but largely enriching CEOs.  O nly 4% of the US workforce saw any sort of pay increase or bonus  but data  shows corporations have cut thousands of jobs since the tax cuts were passed, while using tax windfallsto buy back $1tn of their own stock, which primarily benefits corporate execs & wealthy investors since half of all Americans own no stock. . But big firms lobbied for  corporate giveaway this  saying – as AT&T did – that it would fund job-creating expansions.“Nobody here saw any of that benefit; if anything, quite the opposite. They changed our healthcare plans in 2019, so the costs for everyone went up, the costs for prescriptions went up.' said Mark Willie, a Wells Fargo office employee in Des Moines, Iowa.'

Read the rest of the story HERE:

At www.theguardian.com

 

- Advertisement -

Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Other Series: View All 131 Articles in "Economics and the propaganda/lies"

Other Series: View All 647 Articles in "Shameful"

Other Series: View All 159 Articles in "WEALTH"