Robert B. Reich

Robert B. Reich: Why making American corporations more competitive doesn't help most Americans

Robert B. Reich: Why making American corporations more competitive doesn't help most Americans

Donald Trump and congressional Republicans are engineering the largest corporate tax cut in history in order "to restore our competitive edge," as Mr. Trump says.

Our competitive edge? Who's us?

Most American corporations — especially big ones that would get most of the planned corporate tax cuts — have no particular allegiance to America. Their only allegiance is to their shareholders. So restoring their "competitive edge" has little or nothing to do with helping American workers.

For years they've been cutting the jobs and wages of American workers in order to generate larger profits and higher share prices.

Some of these jobs have gone abroad...

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