Lower taxes spur growth, Trump says. The historical record isn’t so simple.

Within hours of Congress’s passage of a historic tax package last week, at least five corporations announced they were handing out worker bonuses, employee-related investments, or raises in their starting pay.

Two of them – AT&T and Comcast – also pledged big new investments in US facilities and infrastructure.

These moves are exactly the kind of economic kickstart that Republicans say will propel the economy into higher gear, creating new jobs and putting more money in the pockets of ordinary Americans through higher wages and tax cuts.

"All of this, everything in here, is really tremendous things for business, for people, for the middle class, for workers,"

‘A very big gamble’A test of corporate behaviorLong-term growth trends