Tags: president donald trump | tax cuts | benefits

Trump Again Touts Reports of GOP Tax Legislation Benefits

Image: Trump Again Touts Reports of GOP Tax Legislation Benefits
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By    |   Sunday, 11 February 2018 08:54 PM

President Donald Trump on Sunday once again posted on Twitter reports about companies giving bonuses and higher wages following the passing of the GOP tax legislation in December.

Trump has repeatedly used these reports as evidence that his tax legislation has created positive results.

However, a Morgan Stanley survey released over the weekend showed that analysts expect only 13 percent of what companies save from the new tax legislation to go to workers in the form of bonuses, raises and benefits, while 43 percent of the savings will end up going to investors through stock buybacks and dividends, according to The Hill.

In addition, only two percent of adults said they had received a raise, bonus or other additional benefits due to the passing of the legislation, according to a Reuters/Ipsos poll released less than two weeks ago. 

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President Donald Trump on Sunday once again posted on Twitter reports about companies giving bonuses and higher wages following the passing of the GOP tax legislation in December.4.2 million hard working Americans have already received a large Bonus and/or Pay Increase...
president donald trump, tax cuts, benefits
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2018-54-11
Sunday, 11 February 2018 08:54 PM
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