The tax cut investment 'boom' is already over. Some say it ever really started - Lebanon news - أخبار لبنان

The tax cut investment ‘boom’ is already over. Some say it ever really started

The tax cut investment ‘boom’ is already over. Some say it ever really started

New York (CNN Business)Proponents of the 2017 tax law predicted it would set off a wave of spending by American businesses.

It did — just not the kind economists hoped for.
Corporate America rewarded investors by rolling out $1 trillion of stock buybacks in 2018. Yet a lasting boom in job-creating investments has yet to materialize.

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