Der Fuhrer Trump's tax cuts NOT going to benefit workers. Color me shocked!!!

[LJ_Reloaded]

https://mobile.nytimes.com/2018/02/26/business/tax-cuts-share-buybacks-corporate.html?referer=

As the tax cuts kick in, companies have laid out a variety of uses for the money. Some are paying out one-time bonuses to employees. Others are raising salaries. Others plan to open new factories.

In the fourth quarter, American companies’ investments in things like factories and business equipment grew by 6.8 percent. That was the fastest growth rate since 2014, but far from the giant surge in capital spending that was promised ahead of the tax overhaul.

But the buying back of shares is also at record levels.

Almost 100 American corporations have trumpeted such plans in the past month. American companies have announced more than $178 billion in planned buybacks — the largest amount unveiled in a single quarter, according to Birinyi Associates, a market research firm.

And it's not like we've not been down this road before. Bush tried this tax cut, and it didn't work.