Despite negative media coverage, the recent federal tax cuts continue to benefit millions of Americans.
Because of the Tax Cuts and Jobs Act, I will give raises to four key employees-half of our workforce-while also purchasing new computer systems and creating new product packaging for international expansion.
Senate Democrats - none of whom voted for these tax cuts - deny the existence of job creators like me.
Sen. Ron Wyden, D-Ore., recently called the Tax Cuts and Jobs Act "a problem for the middle class" because "CEOs are funneling the tax windfall into buybacks that inflate the value of stocks held by affluent executives and wealthy shareholders." Sen. Sheldon Whitehouse, D-R.I., suggested the new tax code is only "Great for big shareholders because it jacks up share prices."
New outlets routinely highlight the "Wave in corporate share buybacks" to discredit Republican tax cuts.
Even if the tax cuts were primarily financing stock buybacks, millions of Americans would still be better off!
Whether it's paying for higher wages or stock buybacks, the Tax Cuts and Jobs Act is a win-win for working Americans.
http://www.washingtonexaminer.com/no-stock-buybacks-dont-discredit-tax-cuts/article/2650807
Because of the Tax Cuts and Jobs Act, I will give raises to four key employees-half of our workforce-while also purchasing new computer systems and creating new product packaging for international expansion.
Senate Democrats - none of whom voted for these tax cuts - deny the existence of job creators like me.
Sen. Ron Wyden, D-Ore., recently called the Tax Cuts and Jobs Act "a problem for the middle class" because "CEOs are funneling the tax windfall into buybacks that inflate the value of stocks held by affluent executives and wealthy shareholders." Sen. Sheldon Whitehouse, D-R.I., suggested the new tax code is only "Great for big shareholders because it jacks up share prices."
New outlets routinely highlight the "Wave in corporate share buybacks" to discredit Republican tax cuts.
Even if the tax cuts were primarily financing stock buybacks, millions of Americans would still be better off!
Whether it's paying for higher wages or stock buybacks, the Tax Cuts and Jobs Act is a win-win for working Americans.
http://www.washingtonexaminer.com/no-stock-buybacks-dont-discredit-tax-cuts/article/2650807
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