Democrats predicted “Armageddon” if tax cuts passed Congress, but the middle class already has several reasons to celebrate.
Earlier today, NBC’s Savannah Guthrie asked Speaker Ryan if he was living in a “fantasy world” for thinking the bill will lead to higher wages and economic growth.
Here are just a few dispatches from said “fantasy world”:
Outside the beltway media with an informative headline about #TaxCuts --- Today's @UnionLeader A1 above the fold: "Tax plan analyzed: 89% of NH would save." cc @brvihsta pic.twitter.com/JQyPjuN4mL
— Tyler Ross (@teross45) December 20, 2017
AT&T's announcement today for $1,000 bonuses for 200,000 employees follows an announcement last week to pay 20,000 employees $1,000 bonuses as mandated by a union agreement https://t.co/6YUqORzDaC … https://t.co/Bw7lgQqatd pic.twitter.com/3LCYJuYNcS
— Mike Rosenberg (@ByRosenberg) December 20, 2017
JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill. https://t.co/iv4i2MTAkO
— CNBC Now (@CNBCnow) December 20, 2017
Companies announcing investments, hiking wages, or giving out special bonuses so far because the GOP tax bill passed—
— Steve Kopack (@SteveKopack) December 20, 2017
—Boeing
—AT&T
—Fifth Third Bancorp
—Wells Fargo
—Comcast NBCUniversal
—Washington Federal
#BREAKING
— Ryan Saavedra 🇺🇸 (@RealSaavedra) December 20, 2017
Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform"
It has begun:@GuidoLombardiUS @GOP
— 🌐MAGA✴️MEDIA⚖ (@MagaMediaNews) December 21, 2017
Comcast: invest $100M in employees; $1k bonus
AT&T: invest $1B in US; $1K bonus
Boeing: invest $100M in employees
FedEx: expansion of workforce
FifthBankCorp: raise minwage to $15hr; $1k bonus
Who researches their news..
Of course, your favorite media outlets are doing their very best to hide the news from the American public:
Not a single story re good news of 100,000s of people who will get a tax reform bonus, including employees of AT&T, parent company of CNN. pic.twitter.com/CFojZAPBiM
— Razor (@hale_razor) December 21, 2017
Update on BadBlue: My Amazon Web Services (AWS) servers running BadBlue News are offline and can't be restarted. This appears to be isolated to my servers, as AWS status indicates there are no problems with any service. I have not received any updates on my Help Desk ticket. This is the first major outage in 5 years of running the service. I leave conclusions to the reader.
4 comments:
Can you imagine what President Trump would do if he had a magic wand?
Bonuses, tax cuts and higher wages. Oh, the humanity!
Do what everyone else does--avoid anything Jeff Bezos, Google, or Zuckerberg like the plague. There are independently operated and powerful web servers everywhere.
Doesn't take a rocket scientist to see that large corporations are doing this prior to year's end in order to get a tax break for 2017 and then another Trump tax break in 2018. Also, don't companies get tax breaks for things like minority hiring, job training, and charitable giving? And, might these deductions be reduced/elminated now?
And, while I applaud Trump's watershed achievement, the real issue is reducing government spending - more people working and thus off the welfare roles might help this (ala Reagan's tax cuts of the 80s) - but fundamental reductions are needed, and this has yet to be seen.
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