Tax Cuts Still Don’t Seem to Be Helping Workers


Have corporate tax cuts made American workers better off, at least in terms of pay? It’s still pretty hard to see in government employment data.

Let’s be clear: It’s still too early to judge the success of the Tax Cuts and Jobs Act, which President Donald Trump signed into law in December. The important test will be whether it leads companies to do more investment in coming years, boosting the economy’s longer-term growth potential.

That said, the Trump administration has made a big deal out of the tax reform’s effect on workers’ wages, and companies have played along by citing it in their decisions to give raises. So it’s worth seeing whether this is reflected in the aggregate data.


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Tax Cuts Still Don’t Seem to Be Helping Workers

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