Trump Tax Cut Truths
NOTE: The Trump Tax Cut Truths website is no longer being updated on a regular basis, as it was for well over a year following the enactment of the Tax Cuts and Jobs Act in December 2017. Over that period, the pattern of how corporations are spending their tax cuts—overwhelmingly on shareholders and not workers—has been clearly established. But the connection between corporate decisions and the new tax law becomes increasingly uncertain with the passage of time.
This ATF compilation regularly updates media reports on the effects of the Trump-GOP tax cuts. A May 2019 Congressional Research Service report provides a non-partisan view of the effects of the Trump-GOP tax cuts.
HOW BUSINESSES IN YOUR STATE
ARE SPENDING THEIR TRUMP TAX CUTS
Corporate HQ Map
HOW ALL OF AMERICA'S BUSINESSES
ARE SPENDING THEIR TRUMP TAX CUTS
4.1% of workers getting bonuses &/or wage hikes
out of
Very few employers are giving bonuses &/or wage hikes
out of
Corporations are getting 9 TIMES as much in tax cuts as they are giving out in
workers' bonuses &/or wage hikes
vs.
Corporations are spending 39 TIMES as much to buy back stock as they are spending on
workers’ bonuses & wage hikes.
vs.
HOW AMERICA'S 500 RICHEST CORPORATIONS
ARE SPENDING THEIR TRUMP TAX CUTS