If Corporations Get a Tax Cut, We Want a Raise
President Trump and his economic advisers have said over and over again that if the Tax Cut and Jobs Act passes, corporations will use the money from their tax cut to raise wages an average of $4,000. Companies like AT&T have echoed the claim, saying that businesses will use the tax cut to create jobs and provide higher wages for employees.
But most economists think that instead of raising wages and creating jobs in the U.S., corporations will use the tax cut to buy back their own stock or pay dividends to shareholders and they will use new loopholes in the bill to send even more jobs overseas.
Let’s hold them to their promises. Sign the petition to say that you want them to guarantee the wage increase in writing.
From: [Your Name]
If the corporate tax cuts in the Tax Cut and Job Act go into effect, we want a raise. I urge you to sign a Memorandum of Agreement to ensure that we will receive the $4,000 wage increase that President Trump and others have promised and that you will not use the tax loopholes in the bill to offshore jobs.