Summary: The massive $1.5 trillion tax cut package has now had one year to work its magic on the U.S. economy, but instead of an expected economic boom, some economists are calling it a bust. One of the biggest changes in the federal tax code was a reduction in corporate taxes from 35% to 21%. That was supposed to boost corporate spending and hiring plans, and contribute to U.S. economic growth, but a new survey shows there were few long-term benefits.
