Detailed text transcripts for TV channel - CNN - 20180418:09:53:00
In an op-ed the president touted the tax plan as a boon for main street. right now the biggest winners are wall street thanks to the new tax law. s&p 500 companies have given workers about $6 billion in bonuses and wage hikes. u.s. companies are giving investors $171 billion in buybacks. a record high for stock buybacks. the boon thanks to the lower corporate rate. the lower corporate tax rate boosted the profits of the big u.s. banks like jpmorgan, goldman sachs, wells fargo, a combined $2.5 billion just last quarter. facebook is previewing its privacy update, asking european users' permissio...
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