DAGEN: INVESTING IN AMERICA,
A NEW BLOG POST TITLED
AMERICA'S WORKER THE WINS FROM
CORPORATE TAX REFORM HITS
AGAINST CRITICS SAY NEW TAX
IT READS IN PART, COMPANIES
WILL ALSO USE SOME OF THE
MONEY RETURNED TO SHAREHOLDERS
OF ANY KIND RECIRCULATES
THROUGHOUT ECONOMY WITH
HELPING FINANCE NEW START-UPS
REINVESTED IN GROWING SECTORS
OF THE ECONOMY SOME SAVED TO
INCREASE FUTURE CONSUMPTION
THE WRITER OF BLOG POST FORMER
HERE I HAVE BEEN SAYING THAT I
UNDERSTAND THE TAX REFORM
WORKS BOTH FOR INDIVIDUALS AND
CORPORATIONS, ARE WE HEARING
ENOUGH OF THAT FROM MEMBERS OF
REALLY PUSHING BACK, ON THE
RHETORIC FROM LIKES OF NANCY
PELOSI?
HAVING ME THIS MORNING TO TALK
ABOUT THIS.
BUT I HOPE WE ARE HEARING IT
FROM THE MEMBERS WHO SUPPORTED
THIS TAX BILL THEY HAVE A LOT
TO BE PROUD OF.
IT IS NOT JUST THE -- THE
IMPORTANT PART BENCHES GOING
DIRECTLY TO WORKERS AS A
RESULT OF EXTRA CASH
COMPANIES, HAVE EVEN MORE
IMPORTANT THAN THAT IS THE
OF THE MORE COMPETITIVE TAX
CODE.
DAGEN: I JUST WANT TO POINT
OF COMPANIES.
THAT ARE -- RETURNING SOME OF
BONUSES CHIP CHIP POLT AYE
WILL REINVESTITURE MORE
BENEFITS WORKERS GET ONE TIME
BONUSES UP TO 1,000 DOLLARS TO
HOURLY AND SALARIED WORKERS
ABOUT LIFE INSURANCE SHORT
TERM DISABILITY INSURANCE FOR
HOURLY RESTAURANT MANAGERS
THIS IS JUST TO NAMING A FEW.
BUT TO LOOK AT -- A THOUSAND
DOLLARS IN THIS COUNTRY SAY IT
IS PATHETIC CRUMBS, JOSH, I
DON'T -- I DON'T -- I KNOW
THAT THAT DOES NOT RESONATE
WITH AMERICAN PEOPLE I HAVE
SAID THIS, ARE
SAID THIS, AR
SAID THIS, RR
SAID THIS, R
SAID THIS,AR
SAID THIS,ARE
SAID THIS,ARE P
SAID THIS,ARE PEO
SAID THIS,ARE PEOPL
SAID THIS,ARE PEOPLE
SAID THIS,ARE PEOPLE S
SAID THIS,ARE PEOPLE SAY
SAID THIS,ARE PEOPLE SAYIN
SAID THIS,ARE PEOPLE SAYING
SAID THIS,ARE PEOPLE SAYING I
WISH NANCY PELOSI HAD HANDS ON
THIS MONEY INSTEAD OF ME?
>> YEAH -- I HOPE THEY ARE,
AND COMMENTS LIKE THAT I THINK
JUST REFLECTED A FUNDAMENTAL
MISUNDERSTANDING OF WHAT TAX
REFORM WAS LIKELY TO BRING.
AND THE EVIDENCE IS NOW
OVERWHELMING.
AT THE BUSINESS ROUNDTABLE
CORPORATIONS.
WE HAVE MEMBERS OF OUR
ORGANIZATION ALONE HAVE
ALREADY ANNOUNCED OVER 7
HUNDRED MILLION DOLLARS IN
BONUSES TO EMPLOYEES LOTS OF
WAGE INCREASES 4 O 1K
ENHANCEMENTS SUBSTANTIAL
BENEFITS FOR THE WORKERS OF
ALL THOSE CORPORATIONS, AND
THAT IS JUST IN THE FIRST SIX
WEEKS AFTER THE ENACT OF TAX
REFORM, I THINK THERE IS A LOT
MORE TO COME IN THIS ECONOMY,
IN TERMS OF SHORT-TERM
BENEFITS MORE IMPORTANTLY LONG
TERM K HE COMPETITIVENESS.
ARE GOING TO HAVE HIGHER
INFLATION, YOU TALK ABOUT WAGE
GROWTH.
BUT WAGE GROWTH IS PART OF THE
INFLATION EQUATION YOU WIND UP
WITH HIGHER INTEREST RATES
THAT IS CERTAINLY LAST WEEK
WAS A BIG CONCERN FOR THE
REPORT.
>> YEAH, THAT COULD HAVE BEEN
A PART OF WHAT -- WHAT IS
ROILED MARKETS LAST FEW DAYS
AN EXPECTATION NOW OF SOME
INFLATIONARY PRESSURE FROM
WAGE INCREASES.
BUT LOOK THAT IS THAT IS THATS
WASN'T THE PURPOSE OF TAX
REFORM IT IS NOT REALLY GOING
TO BE THE EFFECT.
LOOKING FOR US REAL WAGE
INCREASES FOR AMERICAN
WORKERS.
TAX REFORM IS GOING TO UNLEASH
A LOT OF THAT, AND OVERLY THAT
IS A HUGE BENEFIT TO THE