irstupid said:
sethnintendo said:
All a PR stunt. Wow 1 time bonus check of 1,000 dollars (after 35% capital gains tax on the bonus check they probably will get about 700 dollars) Amazing... Let's just look at what some other companies did for their employees in 2016 before the asshole took power.
https://www.forbes.com/sites/joannmuller/2017/02/07/gm-factory-workers-take-home-12000-bonuses-on-record-2016-north-american-profits/#1d4a63a21314
"General Motors' 52,000 hourly workers will take home profit sharing checks of up to $12,000, after the U.S. automaker racked up a record year in 2016, including $12 billion profit in North America.
Ford, which earned $9 billion in North America last year, will pay an average $9,000 to more than 56,000 unionized auto workers. Fiat Chrysler Automobiles will pay $5,000 extra to some 40,000 unionized workers after posting a $5.1 billion profit in North America."
Those fucking unions though right with their damn profit sharing demands. Good thing a lot of states now have laws like right to work to keep those pesky unions away.
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52,000 x 12,000 = 624,000,000
9,000 x 56,000 = 504,000,000
1,000 x 200,000 = 200,000,000
So yes, not as much. But it is still a substantial amount. Go and ask those 200,000 employees at AT&T what they think. See if they would rather not get the $1,000 or not.
Don't forget they also said they will be investing $1 billion as well. This all on just a bill being passed. Ford and GM seem to be better companies to their employees for bonuses. The article I posted flat out had a congressman talking how AT&T sucks as giving their employees bonuses. I looked and they had like 24 billion profit in 2016. So double that of GM. I have no idea if they gave their employees anything.
But quit downplaying this. As I said already. I mean within hours of the tax cut getting announced multiple companies come out with statements and plans for major bonuses for their employees and plans to invest in millions of dollars in the U.S. and saying it has 100% to do with the tax cut bill being passed. I guess if we ignore that, then yes the tax break has nothing to do with what they are doing.
You sound like a media sheep. Trump could walk to your front door and hand you a $1,000 check and you would find some way to bash that as being evil and bad. Why are you so upset that everyday people are getting money due to this tax law? Heck even a shitty company like AT&T gave their employees a huge bonus and are investing in capital in the US. That means more jobs in the US, not jobs in China or wherever else.
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