Tuesday, September 18, 2018

UUAWOL ministries index - Where tax cut money didn't go in 2018


  • Money spent with tax cuts for stock buybacks that raised stock prices and dividends, and made executives and stockholders much richer = 400 billion
  • Amount of increase in pay to employees if Home Depot and CVS had given pay raises to employees instead of stock by backs = $18,000 more per year.
  • Amount of increase in pay raises of its 2 million employees if McDonalds had passed its tax cut money to employees instead of stock buybacks = $4,000.00

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