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Old 03-01-2018, 07:11 AM
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whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
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Quote:
Originally Posted by Chicks View Post
American workers will see only a tiny portion of the corporate tax windfall

https://finance.yahoo.com/

Of the 90 of the largest publicly-traded companies that have announced plans an average of 6% of that tax-related income will go to workers, according to JUST Capital’s analysis.

“Perhaps most concerning is if we assume that all proceeds not already earmarked for other uses actually flow to management and shareholders in the form of stock buybacks or direct distributions, then 58% of corporate spending will be running counter to the public’s definition of what is just,” the report said.
Recycling this goofy line of reasoning again. I thought we dealt with this in post 109. What is "just" - like there's some standard that even the left agrees on about what "just" actually looks like - is the the change in tax policy spurs continued economic growth that benefits everyone for the long term.
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