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Feature Article by Stephen Lendman
GOP Tax Cut Swindle Working as Intended
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)
The corporate windfall is going overwhelmingly for stock buybacks, executive pay increases and bonuses – workers getting peanuts, in many companies nothing, in some cases fired to cut costs.
That's what the great GOP tax cut scam is all about – no middle class miracle, as Trump falsely claimed – a wealth transfer swindle to enrich corporate predators and high-net-worth individuals more than already.
Americans for Tax Fairness is tracking how corporate predators are using their tax cut bonanza, explaining the following:
the way corporations are using their tax cut is (clear) proof that (it) was never meant to benefit workers. It was designed to benefit the wealthy, rich CEOs, and big corporations.
only around 4% of workers are getting pay increases – in most cases meager ones, failing to keep pace with inflation, only 399 out of 26 mill
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