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How The GOP Tax Cuts may have doomed the economy


Two words: stock buybacks.

In May, JPMorgan projected that in 2018, S&P 500 companies would invest about $1 trillion (with a "t") stock buybacks due to “savings on tax, strong earnings and the repatriation of cash,” according to MarketWatch’s Ciara Linnane. Companies that have committed to buybacks include Alphabet (Google’s parent company), PepsiCo, W