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CEOs Are Already Spending Their Tax Cut on the Rich

Politics / US Politics : Kevin Drum

Corporate CEOs have already made it plain that a tax cut won’t prompt them to hire more or invest more. They already have lots of money, and if they wanted to expand they’d have already done it. Instead, the tax cut will go toward i...

WI: Gov Walker Open to Gas Tax Hike, Tax Cuts Elsewhere, to Land Federal Transpo Funding

Industries / Transportation : MassTransit

Gov. Scott Walker said Thursday he is open to raising the state's gas tax, if offset by other tax cuts, to pay the state's share of a federal proposal to spur $1.5 trillion in public and private infrastructure spending.

Newer Data Showing Companies Weren't Feeling Inspired by Tax Cuts Last Year

Business & Finance / Economics : Beat the Press

As I have pointed out repeatedly, the Republicans story about how their corporate tax cut will benefit everyone hinges on the idea that it will kick off a huge round of new investment. In their telling, investment is hugely responsi...

Altria Group giving $3,000 bonuses with tax windfall

Business & Finance : USAToday: Money

Altria Group, one of the world's largest tobacco and cigarette makers, is giving its employees a $3,000 bonus with a fraction of its windfall from the federal corporate tax cut.        

Tax Cut Cash May Be Trash

Business & Finance / Investing : Intelligent Investing

A sudden influx of cash from a tax cut might not sound like a problem. Many companies, though, will find themselves boxed in by market forces and corporate finance theory as they try to figure out how to use the money.

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