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A Broken Promise on Taxes

A Broken Promise on Taxes

Update: 2019-11-1937
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As they lobbied the Trump administration for a $1.5 trillion tax cut, corporations vowed to invest the savings back into the U.S. economy. Today, we investigate whether they made good on that promise.

Guest: Jim Tankersley, who covers economic and tax policy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily. 

Background reading:

  • FedEx’s leadership lobbied unsuccessfully for tax reform for years. Then it wrote its own tax proposal for President Trump — cutting the company’s corporate tax rate to zero.
  • How the Trump administration’s tax cuts may have affected you, and why you might not believe it.
Comments (5)

tom_adv

okay the daily I hear you talkin about FedEx but what did your big company do with the tax cuts?

Nov 19th
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A Broken Promise on Taxes

A Broken Promise on Taxes