Finance Expert: Corporate CEOs Should Distribute Tax Gains to Employees and Invest in Infrastructure

As Rocklanders scramble to take advantage of the ability to pre-pay their taxes before deduction limits kick in, corporations are figuring out what to do with the extra cash they’ll have on-hand thanks to the new tax law signed last week. Ken Mahoney of Mahoney Asset Management in Chestnut Ridge hopes CEOs invest in their companies instead of giving themselves and management giant bonuses…

Audio: Ken Mahoney

In addition to AT&T, the list of other corporations that have announced plans to give money to their employees thanks to the “Tax Cuts and Jobs Act” includes Comcast, Fifth Third Bancorp, Wells Fargo and Boeing.

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