AT&T is giving $1,000 bonuses to 200,000 employees after tax bill

Discussion in 'Current Events' started by camp_steveo, Dec 20, 2017.

  1. icehole3

    icehole3 Well-Known Member

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    Libs need to get out of the prediction business.
     
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  2. Steve N

    Steve N Well-Known Member Past Donor

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    Check this out. The CWA started out endorsing Sanders, but when he go bought off the union endorsed Trump because he promised more jobs.
     
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  3. Steve N

    Steve N Well-Known Member Past Donor

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    That's right. And giving the techs an unexpected raise would trigger an immediate grievance if not board charges against the company because the union would want to take credit for getting them that raise.
     
  4. Cubed

    Cubed Well-Known Member Past Donor

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    Maybe Republicans should get into the prediction business. It'll help them look like businessmen rather then politicians giving out short term candy so they can feel better about teh midterms.

    I mean, it will be better to say they got "1" piece of major legislation through rather then "0". Even if it was everything they acted like the passage of Obamacare was (no hearings, no input from Dems, no analysis beyond the superficial), Oh, and by doing it this way, they might have accidentally raised taxes on those self-same businesses to a 300Billion dollar tune

    http://nymag.com/daily/intelligence...ally-killed-all-corporate-tax-deductions.html

    I wonder if they fixed that yet?
     
    Last edited: Dec 20, 2017
  5. sec

    sec Well-Known Member

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  6. camp_steveo

    camp_steveo Well-Known Member

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    I don't know about the lefties, but a $1000 bonus means one helluva a great Christmas!
     
  7. PeppermintTwist

    PeppermintTwist Well-Known Member Past Donor

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    They have just raised the employee healthcare costs to offset this so it's a wash. Are you that gullible or willfully spreading propaganda and false hip hip hoorays?
     
    Last edited: Dec 20, 2017
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  8. CourtJester

    CourtJester Well-Known Member

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    It is called the deficit. You know what the next generation will have to pay off.
     
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  9. camp_steveo

    camp_steveo Well-Known Member

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    I don't think you understand how things work.
     
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  10. guavaball

    guavaball Well-Known Member

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    Leave it to the liberals to be angry the government gets less of our money to run our lives or control our speech.
     
    Last edited: Dec 20, 2017
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  11. An Old Guy

    An Old Guy Well-Known Member

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    Right on cue, Trump hailed the AT&T flattery this afternoon, LOL.
     
  12. CourtJester

    CourtJester Well-Known Member

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    General Electric which previously paid zero corporate tax rate has just announced that all it's worldwide employees are going to take a $5,000 pay cut to cover their new tax rate of 21%. Defense contractor Boeing expected to follow suit.
     
    Last edited: Dec 20, 2017
  13. TRFjr

    TRFjr Well-Known Member Past Donor

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    And yet another corp. deciding to spread their newly granted wealth


    CNBC Now

    @CNBCnow


    JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill. http://cnbc.com/id/104910079



    Merry Xmas thanks Trump
    Tired of Winning yet?
     
  14. navigator2

    navigator2 Banned

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    GE..............a YUGE Democrat contributor. It's really hard to make this kind of stuff up. :roflol:
     
  15. camp_steveo

    camp_steveo Well-Known Member

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    NO! NO! You've got it all wrong! These evil corporations are just trying to win Trump's approval! /sarcasm
     
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  16. TRFjr

    TRFjr Well-Known Member Past Donor

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    Maybe you need to educate yourself on some recent history on what happened last two times we had sweeping tax cuts in the last 60 years then come back to the thread and tell us what you learned
    like having quarters with over 6gdp and 5% increases in median family income
     
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  17. PrincipleInvestment

    PrincipleInvestment Well-Known Member

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    Hahaha! Bernie Sanders must be having a stroke! Corporate generosity? Outrageous! :roflol:
     
    Last edited: Dec 20, 2017
  18. Brewskier

    Brewskier Well-Known Member

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    It is called the deficit. You know that thing you started caring about on January 20th, 2017.
     
  19. camp_steveo

    camp_steveo Well-Known Member

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    Yeah! Those evil corporations! /sarcasm
     
  20. BringDownMugabe

    BringDownMugabe Well-Known Member

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    Because AT&T is a billion company. In just looking at their F/S year over year, they had the capital and results to issue such bonuses before. Announcing such bonus is a PR move and often companies will do such a thing without disclosing another reason for such move. For example, buried in their MD&A, they announced there was an ongoing contract dispute with a significant portion of their union workforce. Do we know such bonus was simply from the tax refund or was it offset by funds that were sitting aside not being used by union workers who were on a contract dispute? Six months of no payout because that union was on strike could easily fund this bonus as well. AT&T may have just scraped these union workers and opted to give the remaining union works this bonus instead.
     
  21. camp_steveo

    camp_steveo Well-Known Member

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    1st of all, AT&T is comprised of multiple unions with regional contracts. They are ALWAYS in a dispute.

    Secondly, a $200,000,000 PR stunt? not hardly.
     
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  22. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    You have a problem with the taxes GE pays? Go complain to congress who write the laws. For one they are an electric utility and during the crash Congress allowed them to write off more due to the crash and called a "bonus depreciation" intended to stimulate economic growth which means they won’t be able to get a tax benefit from depreciating them in future years. They pay taxes world wide since they are a global company so they do pay taxes.
     
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  23. TRFjr

    TRFjr Well-Known Member Past Donor

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    OMG Another

    The Boeing Company
    @Boeing

    #Boeing announces $300M employee-related and charitable investment as a result of #TaxReform legislation to support our heroes, our homes and our future.

    What does that make it now 4 corp. deciding to spread their newly granted wealth and we are only a couple of hours past the signing of the cuts
    how many more will say oh yah hold my beer

    Stop it Trump I cant take all this winning
     
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  24. PrincipleInvestment

    PrincipleInvestment Well-Known Member

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    Corps adopting the "living wage" standard proposed by Sanders, without gov't mandates, doesn't bode well for panderers like himself. Dems can chalk an "economic message" in the run up to mid-terms. Not that wealth redistribution is so much a "message" as it's more like a bribe anyway.
     
    Last edited: Dec 20, 2017
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  25. mdrobster

    mdrobster Well-Known Member

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    That is good for those employees. Not all all are doing that. As usual, I will wait and see if it helps.

    https://theintercept.com/2017/12/18/tax-bill-corporate-rate-stock-buyback/
    Since the Senate passed its version of the tax bill on December 2, 29 companies have announced $70.2 billion in stock buybacks, a maneuver that uses company cash to buy its own shares, which then drives up the price of those shares, rewarding major investors and executives whose compensation is directly tied to the company’s stock price.
     

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