GOP tax reform will spur wage increases, Sen. McConnell and Treasury Secretary Mnuchin say

Senate Majority Leader Mitch McConnell and federal Treasury Secretary Steven Mnuchin said Monday that tax reform envisioned by Republicans will unburden businesses and allow workers to receive wage increases. Mnuchin said that “over 80 percent of business taxes is born by the worker,” so cutting the corporate income tax rate will make companies more competitive…