/biz/ - Business & Finance

>>12421451
>First and foremost the money was used to Raise wages.
Most of the compensation granted as a result of the tax breaks was in the form of one time bonuses, real inflation adjusted wages are still flat. The fact of the matter is corporate debt is still at historic highs. Interests may not be that high, but they were pretty much at zero for years. Business models that worked at near zero costs of borrowing may not be so great now. Especially those who issued floating rate bonds, pic related.