August 30, 2017

The Washington Post: Trump Says a Corporate Tax Cut Would Create More Jobs. Economists Aren’t So Sure.

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IPS used data from company filings — analyzed by the Institute on Taxation and Economic Policy, a left-leaning research organization — to make a list of publicly held firms that made a profit every year from 2008 to 2015 and that also paid less than 20 percent of their earnings in federal corporate income tax.

Ninety-two companies fit that description, including AT&T and General Electric, according to the report. The group’s median job growth over the seven-year period was negative 1 percent, the authors determined, compared with 6 percent among all private firms. Read more



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