What Are Corporations Doing With That Tax Windfall?

We are big fans of Illinois Treasurer Michael Frerichs, and were very pleased to see his new report on how CEOs spent the extra money from the Trump tax cut. The theory and the promise was that this money would trickle down to employees, consumers, and investors, and that it would be used to improve…

‘Eye-popping’ payouts for CEOs follow Trump’s tax cuts – POLITICO

Some of the biggest winners from President Donald Trump’s new tax law are corporate executives who have reaped gains as their companies buy back a record amount of stock, a practice that rewards shareholders by boosting the value of existing shares.A POLITICO review of data disclosed in Securities and Exchange Commission filings shows the executives,…