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TopicTax cut went towards stock buybacks, not wages
Antifar
06/28/18 8:42:42 AM
#13:


kelemvor posted...
If not, most employees definitely have 401(k)s.

They do not, at least not with any money in them

In total, only 14% of companies had 401(k) plans for their employees in 2012, according to a January 2017 report from two U.S. Census Bureau researchers who reviewed all W-2 tax forms in the U.S., and those are mostly larger companies. Of those, only about a third of workers are contributing to those plans.

Put another way only about 54 million American workers put money into a 401(k) plan in 2015, according to the Investment Company Institute, while 150 million were employed in that year, according to the Bureau of Labor Statistics).

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