The big Republican tax cut isn’t even three months old yet. But it’s already confounding. For months, critics (like me) predicted that the new law would be a handout for large corporations, which would drive up their stock prices and enrich wealthy investors. Instead, the stock market has been a riot of volatility since Trump […]
Tag: taxcut
UAW President Dennis Williams rips tax-cut bill, Ford’s Mexico plans
The president of the United Auto Workers union is coming out strong against Ford’s plan to shift production of electric vehicles from Michigan to Mexico and said the tax-reform package speeding through Congress “gives corporations an incentive to outsource” and undercuts President Trump’s pledge to renegotiate NAFTA to benefit American workers. Dennis Williams made his […]