Tuesday, December 19, 2017
Wells Fargo CEO reveals the lie in the tax scam
The scam's spin is that the tax breaks to corporations will inspire them to use the savings to invest in infrastructure updates and create jobs. But the CEO of Wells Fargo admits they'll use that extra money to increase dividends to shareholders and to buy back their stock. The same was revealed in a recent Wall Street Journal event where a White House economic adviser asked big corp CEOs if they'd invest more with the tax windfall and few raised their hands. There will be no trickle down because the tax scam is much more like a tidal wave up into their pockets only.