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"* CORPORATIONS WILL REWARD INVESTORS, NOT WORKERS: Bloomberg surveys major companies and finds that they frankly admit the gains from the GOP tax plan will go to shareholders, not workers. Note this, from John Shin of Bank of America Merrill Lynch:
“Companies are sitting on large amounts of cash. They’re not really financially constrained,” Shin, who conducted a survey of more than 300 companies asking their plans for a tax overhaul, said in an interview. “They’re still working for their shareholders, primarily.”
The tax cuts won’t cause a huge explosion of economic growth that ensures the plan pays for itself, and it won’t result in big raises. It’s a con."
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