Congress needs to start holding corporations accountable for promises made [telecom]

By Chris Shelton, Opinion Contributor

One of the earliest lessons we are taught in life is to never make a promise that we can't keep. A promise is a moral contract that binds us to our word. Before the 2017 Tax Cuts and Jobs Act was passed, CEOs of some of America's largest companies made promises that they would use their tax savings to invest in their workforce establishing a moral contract with the American people.

It was based on those promises that President Trump stated that the tax bill would result in a minimum annual increase in American household wages of $4,000. The White House and Republican congressional leaders proclaimed that the legislation would end incentives for offshoring jobs. A parade of corporate executives pledged a raft of new investment and job growth.

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Bill Horne
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