Corporate Tax Reduction Will Not Help Workers, EPI Report Says

Corporate Tax Reduction Will Not Help Workers, EPI Report Says

Economic Policy Institute

The claim by the Council of Economic Advisers that a reduction in the federal corporate tax rate, as proposed in the unified GOP tax reform framework, would trickle down to help American workers is incorrect, as economic logic and evidence show that workers should not expect a wage boost from such a change, the Economic Policy Institute said in an October 25 report.

The claim by the Council of Economic Advisers that a reduction in the federal corporate tax rate, as proposed in the unified GOP tax reform framework, would trickle down to help American workers is incorrect, as economic logic and evidence show that workers should not expect a wage boost from such a change, the Economic Policy Institute said in an October 25 report.

The <a href="/lr/resolve/source-document/1x6x3" title="Source document">claim</a> by the Council of Economic Advisers that a reduction in the federal corporate tax rate, as proposed in the unified GOP tax reform framework, would trickle down to help American workers is incorrect, as economic logic and evidence show that workers should not expect a wage boost from such a change, the Economic Policy Institute said in an October 25 report.

The claim by the Council of Economic Advisers that a reduction in the federal corporate tax rate, as proposed in the unified GOP tax reform framework, would trickle down to help American workers is incorrect, as economic logic and evidence show that workers should not expect a wage boost from such a change, the Economic Policy Institute said in an October 25 report.