But when Charles Scharf announced plans last month to spend his company's tax savings on higher wages and technology, investors began selling. But investors want to share in the tax bounty as well — through higher dividends and buybacks. Capital spending and workers will get 17 percent and 13 percent, respectively. Companies could also get a boost from lower taxes, as could their workers, if it leads to customers spending more. A day later, Delta's president said he expected more people are going to fly because they'll have extra spending money.
Source: ABC News February 20, 2018 15:10 UTC