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You are here News Economy Workers barely benefited from Trump’s sweeping tax cut, investigation shows

Workers barely benefited from Trump’s sweeping tax cut, investigation shows

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Worers barely benefited from Trump tax cuts

Big companies drove Donald Trump’s tax cut law but refused to commit to any specific wage hikes for workers, despite repeated White House promises it would help employees, an investigation shows.

The 2017 Tax and Jobs Act – the Trump administration’s one major piece of enacted legislation – did deliver the biggest corporate tax cut in US history, but ultimately workers benefited almost not at all.

This is one of the conclusions of a six-month investigation into the process that led to the tax cut by the Center for Public Integrity, a not-for-profit news agency based in Washington DC.

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