No Images? Click here Republicans insist their tax cut bill will benefit workers, though the legislation has few provisions that directly benefit people with modest incomes in the long run.Instead, the core of the bill is a huge cut to corporate taxes, bringing the top rate down from 35 to 20 percent. Republicans say workers will be better off if corporate executives and shareholders have more money.A number of top CEOs, however, have signaled they plan to reward their investors instead. Instead of hiring more workers or increasing wages, executives from major companies including Cisco Systems, Pfizer, Coca-Cola, Amgen and Honeywell have said they plan to use the windfall from the corporate tax cut to first increase stock dividends or to buy back shares.“I hope they’ll do the right thing. What we want corporate America to do is what the smaller companies do,” Sen. Richard Shelby (R-Ala.) said. “I believe a lot of that will go on, rather than buybacks and stuff like that. I hope that’s what will happen. We have to work the high road, and hope they do that. Some won’t, but I think a majority of the people will invest in the future and grow the economy.”Sen. John McCain (R-Ariz.) said Thursday that he will support the Senate tax reform bill. McCain is one of the last GOP senators to commit to supporting the proposal. At this stage, the tax plan would pass under special budget rules if Republicans lost two votes, even if all Democrats and independents were to oppose it.![]() WHAT ELSE IS HAPPENING?House Minority Leader Nancy Pelosi is calling on Rep. John Conyers to resign over sexual misconduct allegations.The White House is reportedly considering replacing Secretary of State Rex Tillerson with CIA Director Mike Pompeo.Alabama Senate candidate Roy Moore co-authored a 2011 study guide that promoted "Biblical patriarchy."ICYMI
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Thursday, November 30, 2017
The GOP insists tax cuts will help workers. CEOs have other plans.
Love you, mean it
Let's make it official. No Images? Click here ![]() Dear Good Life readers,Welcome to Love Letter, your Thursday installment of The Good Life email that focuses on all things love. And I’m not just talking about romantic love — though I’ll cover that too. Here you’ll find insights into friendship, sibling and familial bonds, coworker relationships and, of course, dating, sex, marriage, breakups, divorce and loving yourself!The Beatles famously sang, “All you need is love,” but that doesn’t make it any less confusing. Each week, experts will be answering readers' pressing relationship questions. (If you want to submit one for a future newsletter, please e-mail us at relationships@huffpost.com). We’ll also spotlight some of our best stories from the week and throw it back with a #TBT (for a sneak peek at my wedding last year, scroll down).A little more about me: I helped launch HuffPost Divorce seven years ago; Nora Ephron, the queen of romantic comedies, had the idea for the section and was our founding editor. At the time, there was no place like it on the internet, and we took pride in creating a community where people could share their experiences and find resources on what shouldn’t be a taboo life event. We followed up a year later with HuffPost Weddings, a different type of site for couples who don’t take themselves or their weddings too seriously. Since then, we’ve started exploring all kinds of relationships and dating trends (for a rundown of the annoying things singles have to deal with nowadays, go here). During that time I also got engaged and married, and I tried to channel everything I’ve learned as a relationships editor when doing so. Hey, I’m still trying every day.While I’m indulging myself, go ahead and give me and HuffPost Relationships a follow on Instagram. That’s the first step in taking a relationship to the next level, right?Love, |
