Who benefits most from pro­posed tax cut?

The Mercury News Weekend - - OPINION -

If the tax bill passes with a large tax cut for cor­po­ra­tions, it will be in­ter­est­ing for em­ploy­ees of any pub­lic com­pany to do a sim­ple cal­cu­la­tion: take the to­tal amount of taxes the com­pany paid un­der the old law, sub­tract the amount the com­pany pays un­der the new law, and di­vide the dif­fer­ence by the num­ber of em­ploy­ees. The em­ployee can then com­pare this num­ber to the raise they get af­ter the new tax rate takes ef­fect. Salaries and wages vary widely, but this should still give em­ploy­ees a sense of who is ben­e­fit­ing most from the tax cut. — Bruce Bow­ers, Los Al­tos

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