Tax Law: Corporations and Give Bonuses with Alan Auerbach and Daniel Hemel

Home Depot became the latest business to offer its employees bonuses allegedly in response to the tax overhaul. Host Dan Loney talks with Alan Auerbach, Director of the Burch Center for Tax Policy and Public Finance at the University of California Berkeley, and Daniel Hemel, Professor at the University of Chicago Law School to discuss why corporations are passing out bonuses instead of raising wages and the financial impact of the new law on Knowledge at Wharton.