A Broken Promise on Taxes

Published: Nov. 19, 2019, 10:49 a.m.

b'As they lobbied the Trump administration for a $1.5 trillion tax cut, corporations vowed to invest the savings back into the U.S. economy. Today, we investigate whether they made good on that promise.\\n\\nGuest: Jim Tankersley, who covers economic and tax policy for The New York Times. For more information on today\\u2019s episode, visit nytimes.com/thedaily.\\xa0\\n\\nBackground reading:FedEx\\u2019s leadership lobbied unsuccessfully for tax reform for years. Then it wrote its own tax proposal for President Trump \\u2014 cutting the company\\u2019s corporate tax rate to zero.How the Trump administration\\u2019s tax cuts may have affected you, and why you might not believe it.'