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"Beginning in 2018, we will see benefits from the tax reform ... in the form of lower corporate tax rates," CEO Brian Moynihan said in an internal memo to employees obtained by CNBC. He also said that about 145,000 employees will receive the bonus.
Liberals don't seem enthusiastic about these companies sharing the wealth as a result of the tax bill. THis is what I suggest. Whenever you regain control of the government again - and you will at some point - when you pass a huge corporate tax increase, suggest to companies that support your agenda to give out bonuses as a celebration of the tax hike. Let's see how they respond...
Merry Christmas
This conservative guy is dead set against the tax bill -- which makes zero sense given our large debt.
Let's see how long this little "show" lasts. All of Trump's donors are playing the game of giving bonuses, and it is all for show. He gave them the tax break they wanted, now they are acting as if it will totally revamp the way they do business and treat their employees. There is something very fishy about all of these companies suddenly being Santa Claus........I smell a rat.
Next year we will see if they are still so generous.
Doesn't matter if it was for show or not, they got bonuses.
Well, yeah $1k is pocket change when you look at the big picture. I'm still trying to figure out why people are so happy a temporary 2-3% tax reduction that will necessitate huge cuts in other programs. Plus, getting rid of the ACA mandate will destabilize the entire medical insurance system and cause rates to rise.
The ACA itself destabilized the medical insurance system by not reimbursing them. Are you aware of how many insurance companies have dropped out of the ACA?
READ AND WEEP!
Let's see how long this little "show" lasts. All of Trump's donors are playing the game of giving bonuses, and it is all for show. He gave them the tax break they wanted, now they are acting as if it will totally revamp the way they do business and treat their employees. There is something very fishy about all of these companies suddenly being Santa Claus........I smell a rat.
Next year we will see if they are still so generous.
I'm skeptical as well. A thousand dollars divided by 52 weeks equals $19.23. From what I've been reading, that's about what the average tax cut will give you in your paycheck. Here's another question. Since we've lowered the corporate tax rate to give the 1% the lions share of the tax breaks and they also have off shore factories. What's to stop a foreign country from lowering their tax rate as well to keep those jobs in a foreign country? They're still paying lower wages and they get a tax incentive to stay. Sweet, ya think. Those bonuses? Crumbs compared to what the corporations are getting.
The ACA itself destabilized the medical insurance system by not reimbursing them. Are you aware of how many insurance companies have dropped out of the ACA?
READ AND WEEP!
Don't act like some of this was also due to instability in the market due to repeal-replace. Here are articles across the year 2017 stating and supporting my claim.
Perhaps the Republicans are just as guilty as you claim the democrats are. The only solution isSingle-payer healthcare.
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