AT&T promised 7,000 new jobs to get tax break—it cut 23,000 jobs instead

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AT&T in November 2017 pushed for the corporate tax cut by promising to invest an additional $1 billion in 2018, with CEO Randall Stephenson saying
that "every billion dollars AT&T invests is 7,000 hard-hat jobs.
These are not entry-level jobs. These are 7,000 jobs of people putting
fiber in ground, hard-hat jobs that make $70,000 to $80,000 per year."

Publisher: Ars Technica | Author: Jon Brodkin

TAGS
campaign promises, corporations, jobs, one percent, and tax policy
DATE PUBLISHED
2019-05-15 (Modified: 2019-05-15)

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https://arstechnica.com/tech-policy/2019/05/att-promised-7000-new-jobs-to-get-tax-break-it-cut-23000-jobs-instead/?fbclid=IwAR31SJ4eCR-qAulNgqzhLnJNfQRskS_3MO-RAKtjnfvZo-kb8lpj8AJLuh8

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