Did the U.S. Tax Overhaul Do What It Promised?

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Did the U.S. Tax Overhaul Do What It Promised?
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Lower taxes for companies and individuals helped the economy, jobs, wages and investment—but not dramatically and not enough to pay for the cuts. 'It was a lot less than you'd think.'

The tax cuts themselves are easy to see: Tax bills went down for most families and corporations. Domestic retailers and banks reaped some of the biggest savings. How the law rippled through the economy is muddier.

Employment, wages and other key indicators have improved,...
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