• Much of the effect of tax cuts for corporations depends on the notion that capital is scarce; it isn’t. Capital is abundant.
• The problem is much has accumulated at corporations and the top of the income and wealth pyramid where it largely sits inactive.
• Tax cuts might move the needle in one respect as they increase the incentives to invest.But they’re liable to only increase the pool of inactive capital.

Source: Dormant Capital, An American Problem | Seeking Alpha