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By the way, the angst against corporate tax cuts is very disappointing to see on a conservative website like this

I think you know the real answer. People are pro-economic growth.

But this tax bill is a gift to corporations at the expense of the middle class.

Moreover, while I pro-business growth, it is high time we realize that corporate behavior as of late is not to "re-invest" first. No, it is buy their own stock.

http://www.zerohedge.com/news/2017-11-15/moment-gary-cohn-realized-his-entire-economic-policy-disaster

During an event for the Wall Street Journal's CEO Council, an editor at The Wall Street Journal asked the room: "If the tax reform bill goes through, do you plan to increase investment — your company's investment, capital investment?" He asked for a show of hands. Alas, as the camera revealed, virtually nobody raised their hand. Responding to this "unexpected" lack of enthusiasm to invest in growth, Cohn had one question: "Why aren't the other hands up?"

Because they are going to use that extra cash to drive up their own stock prices.

This isn't the 1980s.

Altruistic Capitalism isn't the vanguard against the Soviet menace anymore.

Thanks for the chart.

I look at this completely different than you have.

The reason Corporations have poured money into US Equities may be that they can’t get a better or similar return than if they re-invested that money into their business. The Corporate Tax cuts could provide an incentive to move those funds from a Passive investment to something that would produce the growth we have been missing for nearly 10 years.