IBM Paid $0 In Taxes Thanks To Trump Tax Cuts. Now It’s Laying Off 1,700 Employees.

Another corporate giant that benefited handsomely under President Donald Trump’s tax law is laying off workers.

IBM announced that it is laying off 1,700 employees despite its stock value increasing 16% this year.

Add in the fact that the company paid $0 in taxes last year thanks to the Trump tax cuts, and it becomes ever clearer that companies are hoarding their new wealth rather than having it “trickle down” to works.

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