Have you ever ran a competitive business?
The extra cash goes to higher wages to draw better workers, into R&D to make better products, expansion of the company, which means hiring more people, higher wages to remain competitive.
Remember, the way things used to be before oppressive corporate tax rates?
Remember “gas wars”?
That’s just one example of the company lowering the cost of the product and passing the savings on to the consumer, making up for it with sales volume.
Remember the crappy cars the US used to make in the 70’s?
Remember what happened after Reagan cut the corporate tax rate?
The US started building better quality cars at a lower cost.
The current Corvette ZR-1 is a world class sports car that will beat a Ferrari around the track at Nurburgring, but it’s 1/5th the cost.
Yeah, the leather interior isn’t as nice as the Ferrari’s, but is that worth spending an extra 400k on?
That and the “prestige” of having a dancing pony emblem on your hood?
Facts are, once the corporate rate was slashed, the US became a major player again in the automotive industry, a decade after building crap like the Pinto and the Gremlin and other “fine” examples of automotive engineering.
Cain says it will go straight to employees. They may do that sruff, or they may not, but that's not going to save an employee 18% and that's a fact. Cain is wrong or lying.
So does Government Motors now offer that up as a hybrid?