This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro and Sabrina Tavernise. Twenty minutes a day, five days a week, ready by 6 a.m. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. Listen to this podcast in New York Times Audio, our new iOS app for news subscribers. Download now at nytimes.com/audioapp
A Broken Promise on Taxes
As they lobbied the Trump administration for a $1.5 trillion tax cut, corporations vowed to invest the savings back into the U.S. economy. Today, we investigate whether they made good on that promise.
Guest: Jim Tankersley, who covers economic and tax policy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.
Background reading:
- FedEx’s leadership lobbied unsuccessfully for tax reform for years. Then it wrote its own tax proposal for President Trump — cutting the company’s corporate tax rate to zero.
- How the Trump administration’s tax cuts may have affected you, and why you might not believe it.
Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.