The GOP tax cut is about two weeks old, and already we are seeing signs that it's working. Americans for Tax Reform has found 117 companies that have given more than a million employees bonuses because their corporate tax rates have gone from 35 percent to 21 percent. That amounts to the opposite of a double whammy: more money to take home and less money to give back to the government.
To be sure, it's not just the tax cuts that explains what's happening: companies are also giving the bonuses because, for many of them, profits are up and the climate looks good for business.