Tax Cuts Just What the Doctor Ordered for American Economy and President Trump

Tax Cuts Just What the Doctor Ordered for American Economy and President Trump

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.

Local Economy Roaring — Will It Continue?; Roundup of Week
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Local Economy Roaring — Will It Continue?; Roundup of Week

State House News Service

By Matt Murphy
STATE HOUSE NEWS SERVICE

BOSTON — The re-election year for Massachusetts Governor Charlie Baker got started much the way his inaugural year did – Mother Nature testing the fortitude of Bay Staters and putting the MBTA under a microscope.

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