With help from a new White House study, the Trump administration is trying to sell the idea that corporate tax cuts mean higher wages for workers. This is utter nonsense, and we — the people of the United States — know it because we've tested this idea a few times before.
But here we go again.
The White House says that cutting corporate tax rates from 35% to 20% would, "very conservatively," boost average household income by $4,000 a year, the WSJ reports.
Of course, the US has...
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