With the passage of the tax reform bill, corporations across America celebrated by passing on some of the tax savings they would receive on to their workers. More than a million people have already received bonuses, wage increases, and increased contributions to 401(k) accounts, and that number continues to grow.
While most Americans see this as a positive development, some writers have raised concerns that the corporations in question are rewarding workers as part of a cynical quid pro quo with legislators who passed the tax cut. Though these writers are correct to be concerned about crony capitalism, workers benefiting financially from pro-growth tax reform is not an example of it.
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