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by jdavis703 3120 days ago
Yes, but those benefits should be paid for in a lower overall corporate tax rate. There's many flaws in the tax bill, but eliminating special interest tax deductions in favor of lower taxes for everyone who isn't a special interest isn't one of them. Unfortunately the tax bill includes many new special deductions for special interests like craft breweries, and people passing on multi-million dollar estates to their children.
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Corporations are enjoying record profits for years but wages have been stagnant since the 90s. The idea that when corporations receive more money they pass on a proportional value of benefits to their employees or customers is a laughable fiction. In fact, they will proudly say that this is a good thing, as their only responsibility is to the shareholder.