At first over half of the savings from the corp cut will go to shareholders and buybacks.
But then market forces will send more of it to workers and expansion, depending on the competitiveness of the industry and it’s international exposure.
Anyway a third of the overall cuts go to individuals instead.
But heck, the bill is not finalized at this point.
That's ridiculous. Salaries, like taxes, are an expense for business. All businesses will keep expenses as low as possible. There is nothing in this bill to require increased wages so companies have no incentive to do it. Likewise expansion. Expanding production is an expense. Companies will only do it if there is an increase in demand for their product sufficient to justify the additional expansion. Nothing in this bill provides that incentive either.
Anyway a third of the overall cuts go to individuals instead.
If two-thirds went to individuals then the extra purchasing power would provide the incentive business need to expand, wouldn't it?
“Anyway a third of the overall cuts go to individuals instead.”
The last breakdown I read on the bill on Fox said 81% of the cuts go to corporations, 11% to the middle class and 8% to the poor in rebates.