Supercharger or Super Wealth-Shifter? Few Promises for Wage Growth as Tax Bills Advance

Monday, December 11, 2017
Supercharger or Super Wealth-Shifter? Few Promises for Wage Growth as Tax Bills Advance

The White House Council of Economic Advisors predicts that corporate tax cuts will increase average household incomes; however, Professor Juan Carlos Suárez Serrato said that when corporate taxes are cut, "more than half of the benefit has gone to owners."