With Donald Trump Tax Breaks, Corporate CEOs Plan to Line Their Own Pockets
Donald Trump is planning a massive corporate tax cut that he says will create new jobs and prompt companies to repatriate more than $1 trillion stashed overseas. But a new study predicts that CEO’s will choose to line their own pockets instead through massive stock buybacks. Corporations have been sitting on record amounts of cash for years and the pile is only going to get bigger. ...