As John Rubino sees it, the latest tax cut has merely cleared the way for even more stock buybacks. This does nothing to help the employees or the economy, but the management will profit handsomely. And therein lies the problem. While the employees are getting modest bonuses and raises, upper management is scoring big time. This will eventually lead to unrest and rebellion. Let’s see if he’s right or if the tax cuts benefit the economy bigly.
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