GOP Places Risky Bet on Trickle-Down Tax Cut

GOP Places Risky Bet on Trickle-Down Tax Cut
AP Photo/J. Scott Applewhite

Republicans are on the cusp of passing the biggest corporate tax cut in American history, betting it will ignite an economic boom that creates better jobs and fatter paychecks for middle-class Americans.

That boom may never trickle down.

Some economists and corporate executives are already warning that simply lowering tax bills won't necessarily cause companies to hire more people and pay them better. Instead, they could just wind up returning the extra cash to shareholders.

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