What companies did with their tax cuts

Last year’s corporate tax cuts were meant to, ultimately, drive economic growth. Prominent Republicans argued, sometimes on this very show, that companies would use the money they saved to reinvest in new equipment, factories and, most importantly, jobs. But many bought back their own stock instead, and that could contribute to an economic slowdown. We’ll talk about it, and how oil refineries along the Texas coast are are trying to protect themselves from hurricane season. Plus: Why “sold out” games don’t always look all that sold out.

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