While corporations are pocketing billions in tax cuts, most working people aren’t seeing a cent. In fact, 82% of Americans say they haven’t seen any difference in their taxes—or that they’ve even gone up.
A report this week from the Joint Committee on Taxation found that one provision alone funnels $17.4 billion to people making at least $1 million per year.
What’s more, despite promises that corporate tax cuts would lead to higher wages and more bonuses, working people are being left empty-handed.
In fact, less than 0.0015% of U.S. businesses have followed through and shared anything with their employees.