{"id":3839,"date":"2018-01-24T12:26:25","date_gmt":"2018-01-24T18:26:25","guid":{"rendered":"http:\/\/nebraskadem.wpenginepowered.com\/?p=3839"},"modified":"2018-01-24T12:26:25","modified_gmt":"2018-01-24T18:26:25","slug":"corporations-continue-to-use-tax-cuts-for-themselves-not-workers","status":"publish","type":"post","link":"https:\/\/nebraskademocrats.org\/vi\/blog\/corporations-continue-to-use-tax-cuts-for-themselves-not-workers\/","title":{"rendered":"C\u00e1c c\u00f4ng ty ti\u1ebfp t\u1ee5c s\u1eed d\u1ee5ng bi\u1ec7n ph\u00e1p c\u1eaft gi\u1ea3m thu\u1ebf cho ch\u00ednh h\u1ecd ch\u1ee9 kh\u00f4ng ph\u1ea3i cho ng\u01b0\u1eddi lao \u0111\u1ed9ng"},"content":{"rendered":"

Over the past few days, the overwhelming trend from the Trump Tax continued \u2013 corporations continue to use their massive tax cuts to benefit themselves and their shareholders, not their workers.<\/span><\/p>\n

The maker of Kleenex and Huggies announced 5,500 layoffs and that they will close or sell 10 plants.<\/b><\/p>\n

USA Today<\/span><\/a>: \u201c<\/span>The maker of Kleenex tissue and Huggies diapers plans to cut up to 5,500 jobs and close or sell about 10 plants, blaming sluggish sales and a bloated production base. [\u2026] The moves come after federal tax reform caused companies to recalculate their tax burdens. Henry said Kimberly-Clark’s overall tax rate would fall to a range of 23% to 26%.\u201d<\/span><\/p>\n

Bank of America announced they would raise fees on lower-income customers.<\/b><\/p>\n

Wall Street Journal<\/span><\/a>: \u201cBank of America Corp. BAC +0.34% has <\/span>eliminated a free checking account popular with some lower-income customers, requiring them to keep more money at the bank to avoid a monthly fee.\u201d<\/span><\/p>\n

State legislatures are struggling to respond to potential state tax increases.<\/b><\/p>\n

Wall Street Journal<\/span><\/a>: \u201c<\/span>State legislatures across the U.S. will be wrestling in coming months over how to respond to federal income-tax cuts that, paradoxically, could raise tax bills at the state level. [\u2026] State lawmakers must choose whether to conform their systems to the new federal rules, cut tax rates to prevent rising tax burdens or spend potential revenue windfalls.\u201d<\/span><\/p>\n

Meanwhile, shareholders and corporate takeovers are winners \u2013 not workers.<\/b><\/p>\n

Yahoo<\/span><\/a>: \u201cBut as the impacts of the corporate tax cut passed late last year by the Trump administration begin to be seen across the economy,<\/span> it is clear that the shareholder class will be the largest beneficiary of this overhaul to the tax code. This continues a theme we\u2019ve seen since the election \u2014 shareholders winning.\u201d<\/p>\n

Bloomberg<\/a>: \u201cBuybacks are nice but the real winner in corporate America\u2019s tax windfall will probably be takeovers, Bank of America Corp. says.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the past few days, the overwhelming trend from the Trump Tax continued \u2013 corporations continue to use their massive tax cuts to benefit themselves and their shareholders, not their workers. The maker of Kleenex and Huggies announced 5,500 layoffs and that they will close or sell 10 plants. USA Today: \u201cThe maker of Kleenex … \u0110\u1ecdc th\u00eam<\/a><\/p>","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3839","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"yoast_head":"\nCorporations Continue To Use Tax Cuts For Themselves, Not Workers – Nebraska Democratic Party<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nebraskademocrats.org\/vi\/blog\/corporations-continue-to-use-tax-cuts-for-themselves-not-workers\/\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporations Continue To Use Tax Cuts For Themselves, Not Workers – Nebraska Democratic Party\" \/>\n<meta property=\"og:description\" content=\"Over the past few days, the overwhelming trend from the Trump Tax continued \u2013 corporations continue to use their massive tax cuts to benefit themselves and their shareholders, not their workers. 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