How Trump's Tax Plan is Screwing Over Most American Workers

Even though numerous companies like AT&T, Disney, Walmart, Starbucks, and Home Depot have cited Trump's tax cuts as the reason for recent one-time bonuses dished out to low-level workers, these sensationalist announcements are tantamount to nothing more than a corporate PR scheme. A recent Reuters poll found that just 2% of American workers overall reported a wage bump or bonus as a direct result of these corporate tax cuts. So what are large multinational corporations doing with the money Trump gave them in tax cuts? Some of them are buying back stocks, others are using it to fund plans to lay off thousands of workers, and some may even be outsourcing jobs. Sources: https://www.alternet.org/news-amp-politics/harley-davidson-closes-kansas-plant https://www.vice.com/en_us/article/vbp45a/the-trump-tax-cut-isnt-trickling-down-to-workers https://www.vice.com/en_us/article/59wk9n/corporate-america-celebrated-tax-cuts-by-laying-off-workers ************************ Visit Our Website: http://www.humanistreport.com/ Follow Us on Twitter: http://www.twitter.com/HumanistReport Like Us on Facebook: http://www.facebook.com/humanistreport Support the Show: http://www.humanistreport.com/support.html Become a Patreon: http://www.patreon.com/humanistreport Download Our Podcast on iTunes: https://itunes.apple.com/us/podcast/humanist-report-podcast-episode/id1012568597?i=345667843&mt=2 ************************ Help Us Grow by Using These Links to Shop (We Earn Commission): Support Us by Shopping on Amazon! Bookmark this Link: http://amzn.to/1SGruTY Sign Up for a FREE 30-Day Trial to GameFly: https://www.gamefly.com/#!/registration?adtrackingid=pbridge001 Try Lootcrate if You're a Geek or Gamer: http://www.trylootcrate.com/click.track?CID=327723&AFID=372698&AffiliateReferenceID=HumanistReport Web Hosting for Only $3.95 with HostGator: http://partners.hostgator.com/c/171810/177309/3094 ************************ The Humanist Report (THR) is a progressive political podcast that discusses and analyzes current news events and pressing political issues. Our analyses are guided by humanism and political progressivism. Each news story we cover is supplemented with thought-provoking, fact-based commentary that aims for the highest level of objectivity.

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