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A Broken Promise on Taxes

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As they lobbied the Trump administration for a $1.5 trillion tax cut, corporations vowed to invest the savings back into the U.S. economy.

Today, we investigate whether they made good on that promise.

Background reading:

  • FedEx’s leadership lobbied unsuccessfully for tax reform for years. Then it wrote its own tax proposal for President Trump — cutting the company’s corporate tax rate to zero.

  • How the Trump administration’s tax cuts may have affected you, and why you might not believe it.

Tune in, and tell us what you think. Email us at thedaily@nytimes.com. Follow Michael Barbaro on Twitter: @mikiebarb. And if you’re interested in advertising with “The Daily,” write to us at thedaily-ads@nytimes.com.

Jim Tankersley contributed reporting.

“The Daily” is made by Theo Balcomb, Andy Mills, Lisa Tobin, Rachel Quester, Lynsea Garrison, Annie Brown, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Larissa Anderson, Wendy Dorr, Chris Wood, Jessica Cheung, Alexandra Leigh Young, Jonathan Wolfe, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, Adizah Eghan, Kelly Prime, Julia Longoria, Sindhu Gnanasambandan, Jazmín Aguilera, M.J. Davis Lin, Dan Powell, Austin Mitchell, Sayre Quevedo, Monika Evstatieva and Neena Pathak. Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Special thanks to Sam Dolnick, Mikayla Bouchard, Stella Tan, Julia Simon and Lauren Jackson.

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