Send a Tweet
Most Popular Choices
Share on Facebook 39 Share on Twitter 1 Printer Friendly Page More Sharing
General News    H3'ed 11/30/17

Tax Questions We Aren't Allowed to Ask

Quicklink Submitted By   1 comment, 6 series
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

SCAM ALERT | Alachua County | Flickr1024 Ã-- 585 - 87k - jpg
SCAM ALERT | Alachua County | Flickr1024 Ã-- 585 - 87k - jpg
(Image by
  Details   DMCA

Trump’s economic advisor, Bary Cohn, met with a group of CEOs & asked for a show of hands:' how many of the companies would use their tax savings for capital investment in the economy?' Only 2 CEOs raised their hands.' WHY? Past experience has demonstrated that they don’t use it to create jobs; they use it to increase the value of their stock by raising dividends & buying back shares. The GOP also says trillion$ will come back into the US by giving a tax break to companies that repatriate the profits they have stashed overseas. Really? Congress gave a similar “tax holiday” in 2004 to companies that repatriated their overseas money. The CBPP  found that CEOs a gain used their money to repurchase and raise the value of their stock and to pay dividends to shareholdersMoreover, many firms laid off large numbers of U.S. workers even as they reaped multi-billion-dollar benefits.

Read the rest of the story HERE:

Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

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.
Follow Me on Twitter     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.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
   (Opens new browser window)

Other Series: View All 574 Articles in "Trump"

Other Series: View All 228 Articles in "WEALTH"

Other Series: View All 722 Articles in "wrecking Ball"

To View Comments or Join the Conversation:

Tell A Friend