Trump Tax Cut Truths

Source: Americans for Tax Fairness, 2018

Claims that corporations are sharing a big slice of their huge Trump tax cuts with employees through bonuses and wage hikes are mostly hype, the “Trump Tax Cut Truths” website of Americans for Tax Fairness (ATF) shows.

The data on this website primarily covers Fortune 500 companies, whose revenues are two-thirds of the entire U.S. economy (GDP). But the universe is all Fortune 1000 corporations and businesses not on the Fortune 1000 that are included in the List of Tax Reform Good News maintained by Americans for Tax Reform.

Data estimates are based on information from corporations, the media, independent analysts or ATF research and cover activities since the tax law was passed on December 20, 2017. Sources for the data below can be found here or on the separate spreadsheets found here. See the Methodology explanation for more details.