Tax Cuts for the Companies That Deserve It

 U.S. companies are  on track to see dramatic reductions in their tax rates, thanks to the $1.5 trillion tax cut package passed by the GOP-led Congress and signed by President Donald Trump in late 2017. Unfortunately, it’s far more likely that shareholders, not U.S. workers, will reap the biggest benefits from the Trump tax cuts, … Continue reading Tax Cuts for the Companies That Deserve It

Battling Corporate Short-Termism

Worsening corporate myopia is a threat to long-term growth, say Brookings Institution scholars William Galston and Elaine Kamarck. In 2014, companies in the S&P 500 spent $914 billion on share buybacks and dividends - or about 95 percent of their earnings, according to BloombergBusiness. At the same time, companies’ capital investments - in equipment, facilities and … Continue reading Battling Corporate Short-Termism