Regarding Jason Furman’s “No, the GOP Tax Plan Won’t Give You a $9,000 Raise” (op-ed, Oct. 23): It’s fool’s gold to think that lowering the corporate tax rate will raise wages. Wages are set in the marketplace for labor and not based on corporate profitability. What we know for sure is that top executives whose pay is tied to stock prices or profitability will certainly get raises as stock values increase and the bottom line grows as a result of lowering taxes. We have already had a natural experiment regarding the relationship...

Source: Wall Street Journal October 29, 2017 15:11 UTC