Michael R. Strain, Columnist

Did Corporate Tax Cuts Strengthen Wages? Don’t Believe What You Hear

Ignore the claims from the law’s supporters and the attacks by its opponents. It’s too soon to tell.

April 18, 2019 at 1:00 PM UTC

Michael R. Strain is a Bloomberg Opinion columnist. He is director of economic policy studies and Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. He is the author of “The American Dream Is Not Dead: (But Populism Could Kill It).”

It’s too early to say if the corporate tax cut helped.
Photographer: Daniel Acker/Bloomberg

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Is the Trump corporate tax cut working? Is it increasing wages and investment?

This debate has raged ever since the corporate cuts were adopted in December 2017. Unfortunately, these questions have mostly provoked confusion over how the tax law is supposed to work.