From the New York Times on Michael Barbarrow, this is the Daily.

Today, when Republicans handed massive tax cuts to corporations, most economists rejected their claim

that the companies would give that money back to working Americans.

So why do companies seem to be doing just that?

It's Wednesday, February 7th.

So when the tax bill was being debated at the end of last year, there are basically two stories out there.

Jim Tancersley covers the economy for the times.

The story that the Democrats were telling and the story that Republicans were telling.

The story that Democrats were telling was that the bill was not really going to help workers very much.

This GOP tax scam is simply theft from the American middle class and from every person who aspires to reach it.

The bulk of the bill was going to corporations and corporations with largely keep that money, pass it on to shareholders.

Who disproportionately benefits from these reforms? It's not that middle class family.

And you can't deny the fact that there are many middle class families that are going to pay more as a result of this bill.

It would not find its way into most workers' paychecks.

The Republican story was a bit different.

So we're going to lower the taxes on this business so it's globally competitive so it can compete with this foreign competition.

And then we're going to give this business an ability to write off the investments that they make in this business to buy more machines, to hire more workers, to raise wages.

That to us is really important.

They believed that the corporations would take the money and not just invest it but invest it in things that would actually boost workers' productivity, making them more valuable to their companies.

And then workers because they're more valuable would get paid more.

And so by that argument, eventually workers would see raises because of the corporate tax cuts.

However, there's no evidence that this is going to be as stimulus to the economy.

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