The U.S. tax reform that occurred late last year included a long-awaited reduction in corporate taxes. The legislation lowered the top rate for corporations from 35% to a flat 21%. It also set a one-time repatriation tax on foreign profits at 15.5%, creating a windfall for many companies.
In spite of the good fortune these events have bestowed on corporate America, you might be surprised to find that there is a growing list of employers that are sending workers home this year.
ALSO READ: Here's Who Got the Biggest Tax Rate Break From Corporate Tax Reform
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