That's why NONE of the big companies should receive a tax cuts or grants. It should be in the form of loans secured by company equity with no raises, bonuses, dividends payments or ability for stock buy backs. They should also guarantee leave pay and a living wage. 1/
The lack of those two things will exacerbate the financial recovery end of the coronavirus crisis. With the profits companies have made over the past 40 years there's no justification to say they can't afford it. And had it been in place years ago the current ... 2/
...blow to the economy would have been greatly mitigated. And let's be clear, the upward distribution effect of the 2018 tax cut while creating unnecessary debt has made the situation worse and harder to fix. This is what greed and poor planning by big business has bred. 3/3
@SenBobCasey FYI. Thank you.
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