Monday, January 1, 2018
Sen. Marco Rubio believes that the GOP may have gone a bit too far by slashing the tax burden on corporations to such an impressive degree. He said that corporations are likely to use their extensive tax savings to increase dividends to shareholders or to buy back shares. Rubio said that the bill was not “going to create dramatic economic growth,” but that he did support some provisions, like the Child Tax Credit, and that the reform made the current tax code significantly better.
See Jacob Pramuk, Sen. Marco Rubio Thinks the GOP Tax Plan Helps Corporations Too Much, CNBC, December 29, 2017.