"The news has been full of dozens (maybe hundreds by now) of large and small companies using the tax change to increase employee wages and benefits." Not reall

"The news has been full of dozens (maybe hundreds by now) of large and small companies using the tax change to increase employee wages and benefits." Not really. There have been a lot of stories of companies offering one time bonuses to employees, despite the tax cuts being ongoing. And historically, windfalls like that have been used mainly to benefit the higher ups in the company, instead of the workers.