The White House promised ’70 percent’ of the tax cut would go to workers. It didn’t.
Trickle down #economics at work: "#Stock repurchases hit nearly $190 billion in the first quarter for the S&P 500 (…) The last time that record was set was just before the #GreatRecession, when companies bought up almost $172 billion of #buybacks." https://t.co/QTLGrLFh1v
— The Minskys (@TheMinskys) July 11, 2018
Source: What did corporate America do with that tax break? Buy record amounts of its own stock