Tax cuts to increase debt and share buybacks, not jobs

The president has held fast to his pledge even as top executives’ comments have run counter to it for months. Instead of hiring more workers or raising their pay, many companies say they’ll first increase dividends or buy back their own shares.  See Trump’s tax promises undercut by CEO’s plans to reward shareholders.

The last thing the economy or social stability needs at this point is more debt and more share buybacks.

This entry was posted in Main Page. Bookmark the permalink.