But Congress keeps telling us that these tax cuts will result in higher wages for employees. Comments from the major companies seem to indicate otherwise.
Keep in mind that labor is a market, and the market always compensates.
Some businesses may opt to spend their (newly allowed to be kept) own money to reward investors, to expand the business, deposit in a bank (save), to pay down debt, or raise their employees pay. No matter what the money re enters the economy to go around again.
Rewarded investors will spend it or invest again (both stimulating the economy supporting jobs).
Expansion will require more employees, more jobs generally raise pay.
Banks will lend the money out to another business to start up or expand, more jobs.
Paying down debt just gets the money circulating again from the newly reimbursed lender.
The only way you can make money dissapear is give it to the government.