The Congressional Research Service has analyzed the 2017 Republican tax bill and concluded that it had no noticeable effect on GDP, consumption, domestic investment, or wages. But wait! What about the reinvestment of overseas profits, which the act allowed companies to repatriate at a low tax rate?
https://www.motherjones.com/kevin-drum/2019/05/chart-of-the-day-heres-what-corporations-did-with-their-tax-cut/
https://www.motherjones.com/kevin-drum/2019/05/chart-of-the-day-heres-what-corporations-did-with-their-tax-cut/
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