Page 4 - Tax Windfall News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Biggest winners so far are wall street. and they're slamming companies for sharing their tax windfall with investors, not more with employees. analysts warn, they're just pay -- that just paying shareholders could hurt long-term growth. companies should be investing in new factories and equipment. after a week of controversial tweets, kanye west took a bizarre turn. listen to what he said on tmz live about slavery. >> you hear about slavery for 400 years. for 400 years? that sounds like a choice. like you was there for 400 years, and it's all of y'all? you know, like -- it's like we're -- we...

Announced $171 billion in stock buybacks. a record high. that's a boon for investors. the lower corporate rate is boosting banks such as jp morgan chase, wells fargo. earnings raise $2.5 million last quarter. that is their tax windfall. facebook is asking users in the eu permission before using their data in targeted ads. the changes will roll out in the u.s. this month. facebook faces scrutiny after facing to protect data. it is joining microsoft and 32 other firms in the cybersecurity accord. the pledge to work together on cybersecurity issues, standing up to governments that launch cyber ...

Have to keep it in perspective. we had able market for eight years. people have been expecting a pullback. rob: financial reality show continuing, some good economic news including raises and parental leave. what is going on? >> the latest company to do something for its employees because of the tax windfall, hourly employees a pay raise from $9 to $11, and paid parental leave, a program that will give new parents with a new baby four weeks off with paid wages so that is good news for those employees. i love days business news intersects with food and today is one of those days, national pizza...

The benefits as crumbs probably wasn't the smartest way but there's plenty of data out there in plenty of anecdotes. the president is fond of putting out anecdotes of bonuses people have received. there's plenty of anecdotes of layoffs, corporations that took the tax windfall, closing down factories, laying workers off. since the bill became law, 40,000 of love lost their jobs and $9 billion have been invested in corporate stock buybacks. for democrats to be able to point out the growing disparity there, the consequence of people, ceos laying workers off in order to line their own pockets is a...

Together the votes we need odd to get this bill passed. >> pure political expediency. the change would be a multimillion-dollar tax windfall for reemts investigators like president trump's children and several members of congress. you know, when the senate doesn't pass something and the house doesn't pass it, how are the people involved? how does this come out of a meeting between the house and the senate and why don't we give a little break to the real estate industry and then we can get a couple more votes out of this. that's what he just said. the top whip of the senate said the reason we'r...