Master thread: companies giving bonuses/raising minimum wage/investing in workers

[Anonymous]

Carrier - 215
https://www.npr.org/2018/01/11/577453510/carrier-loses-215-employees-in-latest-round-of-layoffs

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just table scraps, for example, the combined total for Disney is probably less than the bonus of the CEO. And we are supposed to be grateful? F it.

You sound like Nancy Pelosi. Or, Debbie Wasserman-Schultz. A little out of touch, perhaps?

but ^PP has a point. People are going gaga over $1000 one time bonus while the uber rich get a 6% tax cut for eight years. It is kind of humiliating.

You think an hourly worker is "humiliated" when he gets a $1000 bonus? You are so out of touch with the working man.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just table scraps, for example, the combined total for Disney is probably less than the bonus of the CEO. And we are supposed to be grateful? F it.

You sound like Nancy Pelosi. Or, Debbie Wasserman-Schultz. A little out of touch, perhaps?

but ^PP has a point. People are going gaga over $1000 one time bonus while the uber rich get a 6% tax cut for eight years. It is kind of humiliating.

You think an hourly worker is "humiliated" when he gets a $1000 bonus? You are so out of touch with the working man.

He probably feels lucky as sh1t to have his job while thousands around him are getting laid off.

[Anonymous]

it’s wonderful that companies are providing bonuses and pay raises to employees and using the tax cuts to grow their companies.
Remember, this is something the Democrats said would not happen with tax cuts.
And, remember...... mid terms are coming up so the Dems will do whatever is necessary to distract from good economic news.

[Anonymous]

Anonymous wrote:http://www.wsbtv.com/consumer/clark-howard/clark-your-life/these-major-retailers-are-closing-1000-stores-in-2018/676073275

Sears - closing 103 stores
Macy's - closing 11 stores
BonTon - closing 40 stores
Gap/BR - closing 200 stores
Starbucks/Teavana - closing 379 stores
Etc.

1000 stores closing listed in this article

Guess it's easy to give little payouts when you remove the long-term burden of employees. Less salaries, benefits, etc.

The liberals are working hard to prove that Trump's tax reform isn't helping because stores are still closing non-performing brick-and-mortar locations.

What do you guys think businesses should do? Keep unprofitable stores open because they got tax cuts? They are still going to make prudent business decisions, and operating locations at a loss isn't one of them. What would have happened if there were no tax cuts? They still would have, appropriately, closed failing stores but there would have been no bonuses, no tax cuts, no increased leave, no improved benefits for a million people - and growing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just table scraps, for example, the combined total for Disney is probably less than the bonus of the CEO. And we are supposed to be grateful? F it.

You sound like Nancy Pelosi. Or, Debbie Wasserman-Schultz. A little out of touch, perhaps?

but ^PP has a point. People are going gaga over $1000 one time bonus while the uber rich get a 6% tax cut for eight years. It is kind of humiliating.

You think an hourly worker is "humiliated" when he gets a $1000 bonus? You are so out of touch with the working man.

He probably feels lucky as sh1t to have his job while thousands around him are getting laid off.

That's actually true. In 2009 and 2010, my company gave no raises. I was just glad to have a steady job, given that there were plenty of unemployed people around me who would have accepted my job in a heartbeat....and for less.

[Anonymous]

Anonymous wrote:it’s wonderful that companies are providing bonuses and pay raises to employees and using the tax cuts to grow their companies.
Remember, this is something the Democrats said would not happen with tax cuts.
And, remember...... mid terms are coming up so the Dems will do whatever is necessary to distract from good economic news.

True. And since Democrats can't admit they were wrong, they point out that retail businesses are still closing poorly performing locations. I never heard anyone say that the tax cuts would save an industry (retail) that can't compete against online stores.

Also, they need to give it more time. It hasn't even been a month! The economy will see the benefit of tax reform for YEARS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:http://www.wsbtv.com/consumer/clark-howard/clark-your-life/these-major-retailers-are-closing-1000-stores-in-2018/676073275

Sears - closing 103 stores
Macy's - closing 11 stores
BonTon - closing 40 stores
Gap/BR - closing 200 stores
Starbucks/Teavana - closing 379 stores
Etc.

1000 stores closing listed in this article

Guess it's easy to give little payouts when you remove the long-term burden of employees. Less salaries, benefits, etc.

The liberals are working hard to prove that Trump's tax reform isn't helping because stores are still closing non-performing brick-and-mortar locations.

What do you guys think businesses should do? Keep unprofitable stores open because they got tax cuts? They are still going to make prudent business decisions, and operating locations at a loss isn't one of them. What would have happened if there were no tax cuts? They still would have, appropriately, closed failing stores but there would have been no bonuses, no tax cuts, no increased leave, no improved benefits for a million people - and growing.

That's great for those people to get a little bonus, but let's look at this in a balanced way. It's really not ALL sunshine and roses. As much as FoxNews wants to kiss DJT's ass.

[Anonymous]

Anonymous wrote:

Anonymous wrote:it’s wonderful that companies are providing bonuses and pay raises to employees and using the tax cuts to grow their companies.
Remember, this is something the Democrats said would not happen with tax cuts.
And, remember...... mid terms are coming up so the Dems will do whatever is necessary to distract from good economic news.

True. And since Democrats can't admit they were wrong, they point out that retail businesses are still closing poorly performing locations. I never heard anyone say that the tax cuts would save an industry (retail) that can't compete against online stores.

Also, they need to give it more time. It hasn't even been a month! The economy will see the benefit of tax reform for YEARS.

Why is Trump trying to save coal and not retail? Many more jobs in retail than coal...

[Anonymous]

Anonymous wrote:All this complaining about what the rich get back. Waaaaaaaa. The rich are getting a ton more, and all I'm getting is about an extra $200 a month in my paycheck.

First, the rich are getting a lot more back because they're the ones paying the lion's share of taxes. And I know is that $200 a month is half my monthly grocery bill. It eases up the stress in my budget, and now I have a little extra to go on a mini-getaway here and there. I'm not looking and thinking.....but the guy who pays $50,000 in taxes will be saving $2000 a month. He's still paying a ton more than I am, and I'm still better off with my tax cut.

People would be better off if they stopped looked "above" them and bitching about what they don't have - and stop looking a gift horse in the mouth. Thank you, Mr. Trump.

I pay around that amount a year and a quick estimate of what I will save in 2018 is about 10% of that amount. No way will it cut my tax bill by 2k a month.

[Anonymous]

At Amicus Therapeutics, the new tax law solved a geographic dilemma. The Cranbury, N.J., company is developing an experimental drug to treat Pompe disease, a rare inherited disorder that causes muscle weakness and can be fatal.

After early results for a new drug proved promising, Amicus decided a year ago it would increase production for further clinical testing and potential commercial sales, Chief Executive John Crowley said in an interview.

Amicus, which had been using Chinese contract manufacturer WuXi Biologics to supply the drug, decided in August to build its own facility. The U.S. was at a disadvantage to Europe, due to its 35% statutory federal income-tax rate for companies. Ireland’s corporate tax rate, by contrast, is 12.5%.

Those financial considerations threatened to overshadow other advantages that a U.S. plant would offer, including the ease with which company officials could visit it, and the availability of talented workers in some regions.

“Our strong assumption was that it would be very challenging to establish a new bio-manufacturing facility in the U.S,” Mr. Crowley said.

As the tax legislation advanced in Congress last fall, however, building in the U.S. began to look more attractive. On Dec. 21, a day after Congress passed the final measure, which lowered the statutory corporate rate to 21%, Mr. Crowley recommended to his board the company focus on finding a U.S. site. The company has narrowed its choice to three East Coast cities Mr. Crowley declined to identify, and expects to decide in the next month or two. It expects the plant to cost $150 million to $200 million, and to employ at least 200 people at an average pay of $100,000 a year.

“With the changes in the tax law, it now makes the U.S. competitive with these geographies we’re looking at,” he said.

https://www.msn.com/en-us/money/companies/the-tax-law-just-one-month-old-is-roaring-through-us-companies/ar-AAvauNM?li=BBnb7Kz

[Anonymous]

https://taxfoundation.org/corporate-income-tax-rates-around-the-world-2017/

Bitch about losing jobs etc. to other countries then bitch about lower corporate rates to a competitive level?

[Anonymous]

Anonymous wrote:

Anonymous wrote:All this complaining about what the rich get back. Waaaaaaaa. The rich are getting a ton more, and all I'm getting is about an extra $200 a month in my paycheck.

First, the rich are getting a lot more back because they're the ones paying the lion's share of taxes. And I know is that $200 a month is half my monthly grocery bill. It eases up the stress in my budget, and now I have a little extra to go on a mini-getaway here and there. I'm not looking and thinking.....but the guy who pays $50,000 in taxes will be saving $2000 a month. He's still paying a ton more than I am, and I'm still better off with my tax cut.

People would be better off if they stopped looked "above" them and bitching about what they don't have - and stop looking a gift horse in the mouth. Thank you, Mr. Trump.

I pay around that amount a year and a quick estimate of what I will save in 2018 is about 10% of that amount. No way will it cut my tax bill by 2k a month.

I was just using an example of how rich pay a ton more in taxes than middle class, and thus will see a bigger benefit in absolute dollars, but your real-life example proves the point even more.

[Anonymous]

I get a one time $1,000 bonus but schools shootings are out of control. Nice job trying to make me look the other way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just table scraps, for example, the combined total for Disney is probably less than the bonus of the CEO. And we are supposed to be grateful? F it.

You sound like Nancy Pelosi. Or, Debbie Wasserman-Schultz. A little out of touch, perhaps?

but ^PP has a point. People are going gaga over $1000 one time bonus while the uber rich get a 6% tax cut for eight years. It is kind of humiliating.

You think an hourly worker is "humiliated" when he gets a $1000 bonus? You are so out of touch with the working man.

I think it's humiliating for people to be celebrating for scraps being thrown their way while the uber rich feast.

If you were at the dinner table, and the person next to you got the choice cut of meat while you gut the burnt end bits, and the host said, "oh, aren't we generous for giving you food" , wouldn't you feel humiliated? I suppose if you were poor and a beggar you'd be glad for any scraps. That's the image I have. The Rs/Trump see the middle class as beggars who should be grateful for the tiniest morsels.