John Ransom
Weaksauce
- Joined
- Aug 16, 2017
- Messages
- 69
comcast is giving it to atleast 100,000 employes. 100,000x1000= a cool 100 million.I heard one employee at comcast say his office got a $1000 bonus and a raise. he got a 1.50 raise.
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comcast is giving it to atleast 100,000 employes. 100,000x1000= a cool 100 million.I heard one employee at comcast say his office got a $1000 bonus and a raise. he got a 1.50 raise.
Exactly, they should be happy with the crumbs, and completely ignore that the tax 'cuts' are a money grab for the rich (86% goes to the top 1%). While increasing out already record breaking deficit another 1.5T..... Who the fuck do people think is going to end up paying for that? I'll give you a hint, it won't be the top 1%..... But all these short sighted morons are jumping for joy over the crumbs, which will be taken away in the next decade. Lets also not forget the savings will be more than offset by the increase in health insurance, especially with the mandate removed. You thought prices were rising before? HA!
John, Chris, Steve, and Katie go out to a super expensive dinner. John makes a lot of money so he says, "I will pay 80% of the bill if Chris and Steve split the rest 10% and 10%, we are gentlemen so Katie will pay 0%". Everyone agrees and they have a nice expensive dinner that costs $1000. Right before they sign their checks the manager runs out and says "wow you guys are such good customers I'll give you dessert for free, that's a $100 benefit". When they look at the new bill, John is saving $80 and Chris and Steve are both only saving $10. Worst of all, Katie didn't get any money back from the dessert refund!! How can such a system be so unfair to 75% of the people having dinner. In fact, 25% of the people who had dinner got 80% of the savings! What bullshit!
Yea, I heard that 15 years ago, still stupid today..... The difference is a nice dinner is optional, our taxes are going to support the country/services etc.
Lol. Already libs are moving the goalposts. "Crumbs" They say.
Tell that to the single mother who will be able to provide better care for her child and will get a 73% reduction in taxes.
Tell that to the family drowning in debt from medical bills thanks to the ACA.
I have figured liberals out: the only way they can stay in power is to convince people that good is bad, bad is good, and to never, EVER be happy because it goes against the perpetual outrage they need to stay in power. Its a mental illness, I'm convinced of it.
This is the exact mindset of GOP voters and why this bullshit money grab passed and has them all cheering. They dangle a piece of a carrot in front of them, and they jump for joy, but are too short sighted to see what's going to happen in the future, and who will end up paying for this. Then they default to the bullshit 'liberal' label as if that negates any opposing argument.....
I make very good money, and yes I will see a good decrease in taxes (until they expire). But this is the wrong time to add to the deficit so the rich/corporations can get a handout. We are at what, almost at a 20T deficit right now? So the party of no increase to the deficit just handed out money to the people that need it least, myself included. The poor/middle class need this FAR more than I or the rich do, and I would have much preferred if the cuts to be focused on them like the cheeto claimed repeatedly. Or how about removing all the bullshit deductions the top is using to avoid paying their share?
And healthcare was rising at a faster rate before ACA.... But like I've said before, that was a poor bandaid fix for our completely broken healthcare/insurance model in the US. When it's cheaper to purchase a plane ticket to fly to another country and pay out of pocket for a procedure than it is to get it done in the US with insurance, there is a big fucking problem. And our healthcare is ridiculously shitty for being a first world country.....
Not only that EVERYBODY PAYS THE SAME FUCKING TAXES. If I make 30k and pay 50 cents in taxes, the person making 400k pays 50 cents FOR THE FIRST 30K. GOOD GOD! holy shit, Jesus most people don't get that it is unbelievable.Yea, I heard that 15 years ago, still stupid today..... The difference is a nice dinner is optional, our taxes are going to support the country/services etc.
I wonder if that was to prevent income taxes from being challenged under equal protection clause.Not only that EVERYBODY PAYS THE SAME FUCKING TAXES. If I make 30k and pay 50 cents in taxes, the person making 400k pays 50 cents FOR THE FIRST 30K. GOOD GOD! holy shit, Jesus most people don't get that it is unbelievable.
This is a bit misleading, healthcare costs are out of control because of the great society:
http://mediatrackers.org/wp-content/uploads/2013/10/Exponential-PHE-Growth-Irfan.png
Also utilize this to help:
http://mediatrackers.org/wp-content/uploads/2013/10/Fed-vs.-OOP-Spending-Irfan.png
Also, everything i've tried to use to verify that aca has slown the rate of increase uses projections and not real numbers which i dont even begin to understand why.
Total side note: right now if i look up MRIs on my insurance (the fact that i can only get this data through my insurance is crazy) my cost ranges from $432 to $3612 for the same MRI based on different locations. Most people don't even know how to look at up and go get the cheapest one.
How dare the evil, greedy, shareholder companies give away their blood money to their workers... wait wut?
Fuck Obama and his "healthcare as income" stunt. Now I have to pay taxes on an extra $10-12k because he decided it was fucking income.
Yea, I heard that 15 years ago, still stupid today..... The difference is a nice dinner is optional, our taxes are going to support the country/services etc.
They're doing it up front to ride the PR wave. Don't expect pay raises/bonuses to be an ongoing thing. This allows them to slowly taper it off so that they can show continued growth.
If they took all of the savings and did nothing, it'd only last a quarter or two before shareholders would wonder "where's mah growth?" You trickle feed it.
A publicly traded companies main product is it's stock. Everything else is done to drive that products market value.
This is a bit misleading, healthcare costs are out of control because of the great society:
http://mediatrackers.org/wp-content/uploads/2013/10/Exponential-PHE-Growth-Irfan.png
Also utilize this to help:
http://mediatrackers.org/wp-content/uploads/2013/10/Fed-vs.-OOP-Spending-Irfan.png
Also, everything i've tried to use to verify that aca has slown the rate of increase uses projections and not real numbers which i dont even begin to understand why.
The biggest problem with healthcare is people NOT treating it as a commodity, do you ever buy something you dont know what the price is? Healthcare is the only thing out there that you can't get prices until they do something. Despite that we still have the highest cancer survival rates with a couple of exceptions going to japan: https://www.cdc.gov/cancer/dcpc/research/articles/concord-2.htm
The only thing we suck at is day to day care and emergency care (and i'm talking cost wise, not outcome wise), which are what people who talk about our "shitty" health system look at. Personally, even with things being crazy expensive i'd rather be bankrupt than dead, which can be an alternative.
Thing is, before we tried to have insurance cover day to day care, that was good to.
I'll never understand people wanting to put, for example, birth control in insurance, your making it MORE EXPENSIVE, not LESS. your adding a middle man, your adding atleast 20% markup to that good instead of paying for it straight out of pocket and YOUR STILL PAYING FOR IT through your premium and we wonder why crap gets so expensive? Insurance is for catastrophic things, emergency rooms, cancer, etc. not your daily health, insurance is literally a bet between you and a company that you WONT use it.
Then dont get me started on the stupid regulations like having to use a medical supplier etc. etc. Ridiculous if i'm a DR i should be able to get my bandaids at walmart like everyone else.
Then there is malpractice insurance, Dr i used to work with had a million dollar a year premium and this was 10 years go.
Then there is having to spend 8 years in school and all the debt associated with that.
But the best part is, all these programs do is making unaffordable things affordable and breaks the market.
Total side note: right now if i look up MRIs on my insurance (the fact that i can only get this data through my insurance is crazy) my cost ranges from $432 to $3612 for the same MRI based on different locations. Most people don't even know how to look at up and go get the cheapest one.
Let me know when all you Snowflakes start getting jobs from poor people. Or take an Econ class and actually learn about business and investments. My 401K and IRA are getting record returns. ACA gave my nephews a $750 bill every year they didn't buy a monthly Insurance Coupon that came with $1500 deductibles to use said coupon. Or watching my parents insurance jump from $950 a month to $1480 under ACA, lose all doctors they had, and watch my father die in the back of hospital instead of hospice or home care because ACA didn't allow it. Get a job with insurance, not your fucking hobby like all these washed up musician who never made it, still playing in a band in their 40's/50's whining about no insurance. With the jobs creation thats happening try this: DO WORK! Or get a job in a field that's needed!
Let me know when all you Snowflakes start getting jobs from poor people. Or take an Econ class and actually learn about business and investments. My 401K and IRA are getting record returns. ACA gave my nephews a $750 bill every year they didn't buy a monthly Insurance Coupon that came with $1500 deductibles to use said coupon. Or watching my parents insurance jump from $950 a month to $1480 under ACA, lose all doctors they had, and watch my father die in the back of hospital instead of hospice or home care because ACA didn't allow it. Get a job with insurance, not your fucking hobby like all these washed up musician who never made it, still playing in a band in their 40's/50's whining about no insurance. With the jobs creation thats happening try this: DO WORK! Or get a job in a field that's needed!
As individuals, it is in fact Democrats who are the biggest consumers of welfare, no matter which color state they happen to reside in.While most of your insult-laden rant is borderline incomprehensible, I must take exception to the implication that we "snowflakes" are jobless. In fact, most of us do work...and make good money. In fact, it is the deep red states that tend to be the biggest drains on the federal budget.
Personally, I believe your apparent assumption that we are advocating on our own behalf rather informative.
As individuals, it is in fact Democrats who are the biggest consumers of welfare, no matter which color state they happen to reside in.
As individuals, it is in fact Democrats who are the biggest consumers of welfare, no matter which color state they happen to reside in.
Winning Snowflakes: From Fox News http://www.foxbusiness.com/markets/...g-among-corporations-rewarding-employees.html
The telecom giant said Wednesday that more than 200,000 of its employees, including union-represented and non-management workers, will be eligible for a $1,000 bonus. The checks will be in the mail in time for the holidays if Trump finalizes the tax bill with his signature before Christmas. AT&T (T) also said it will invest $1 billion more than expected in the U.S. in 2018, once the cuts are final.
“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” AT&T Chairman and CEO Randall Stephenson said in a statement. “This tax reform will drive economic growth and create good-paying jobs.”
Boeing
- Tax cut may do more to stoke price inflation than increase real business activity: Moody's chief economist
- GOP has failed in messaging tax reform: Boyd Matheson
- GOP tax plan may be first step in party unity
- Kevin Brady: This is a great day for our country, economy
The aerospace and defense company immediately announced $300 million in investments after the bill passed, with $100 million toward corporate giving including employee gift-match programs, $100 million toward workforce development, training and education and $100 million toward enhancing Boeing’s workplaces.
"On behalf of all of our stakeholders, we applaud and thank Congress and the administration for their leadership in seizing this opportunity to unleash economic energy in the United States," Boeing (BA) President and CEO Dennis Muilenburg said in a statement. "It's the single-most important thing we can do to drive innovation, support quality jobs and accelerate capital investment in our country."
Comcast
The Philadelphia-based telecom corporation said it would award $1,000 bonuses to more than 100,000 non-executive employees. In addition, Comcast (CMCSA) NBC Universal Chairman and CEO Brian L. Roberts said the company plans to spend more than $50 billion in the next five years on infrastructure investments that are expected to create "thousands of new direct and indirect jobs."
In a press release, Comcast said the initiatives were "based on the passage of tax reform and the FCC's action on broadband."
Fifth Third Bancorp
The Cincinnati-based banking corporation said it would raise the minimum hourly wage for all employees to $15 per hour and dispense $1,000 bonuses for more than 13,500 workers. The company says tax reform was directly responsible for the initiatives.
“It is good for our communities, employees and Fifth Third Bank (FITB),” Fifth Third President and CEO Greg Carmichael said.
Wells Fargo
Wells Fargo & Company (WFC) said it would raise the minimum wage for its team members to $15 per hour and earmark $400 million for philanthropic initiatives in 2018. Some $100 million of that total will be committed to boosting small businesses, while $75 million will support neighborhood revitalization efforts.
“We believe tax reform is good for our U.S. economy and are pleased to take these immediate steps to invest in our team members, communities, small businesses, and homeowners,” said Wells Fargo President and CEO Tim Sloan. “We look forward to identifying additional opportunities for Wells Fargo to invest, as we continue to execute our business strategies and provide long-term value to all our stakeholders."
Tell that to the single mother who will be able to provide better care for her child and will get a 73% reduction in taxes.
Tell that to the family drowning in debt from medical bills thanks to the ACA.
I didn't read this thread, so this may have been reported already. But these companies also announced layoffs, ATT just let go of hundreds of employees before x-mas. Just a few weeks ago they said they'd hire over 6,000 more if the tax cuts were passed. Just as Reagan had the Reagan recession after his cuts (and later raised taxes due to this), Bush had the global recession after his cuts, Trump is already starting economic hardship for hard working people. Oh well, some kids believe in Santa Clause, I guess it's ok if some adults believe in trickle down economics.
You don't have to worry now. The ACA mandate is repealed, so you no longer have to pay for insurance and can let everyone else that does pay for health insurance pay for you.
Bunch of commies in here complaining about being profitable as a business
1000 buck bonus is a one time cost which they can probably write off on some level unlike a wage increase or hiring people it's quite cheap in the long run.This is shitty.
The tax bill was meant to keep jobs in america, and hire more americans. I bet that's not gonna happen.
The $1000 bonuses should be used to hire more people and take jobs back from india and phillippines.
Still do ACA mandate actually still exists in the law, the penalty is gone though for 2019+?, you still need insurance or pay the fee next year.You don't have to worry now. The ACA mandate is repealed, so you no longer have to pay for insurance and can let everyone else that does pay for health insurance pay for you.
Bunch of commies in here complaining about being profitable as a business
I think you're mixing things a bit on this point. The recession can more reliably be traced back to Clinton. In addition to ongoing Wall Street deregulation, he basically repealed Glass Steagall, which was a huge part of what was preventing the risky maneuvers that led to the 2008 crash in the first place, and thus the recession. I'm not arguing the GOP wouldn't haven't done the same if they could have however.Bush had the global recession after his cuts
We're complaining about gifting MORE MONEY to corporations that already post tens of billions of dollars in NET PROFIT. WITH THE CURRENT TAX SYSTEM IN PLACE!
Last time I checked, welfare for the poor = bad. But welfare for the rich = good?
Unfortunately for you, I am not part of the GOP. Your positional lunacy and constant childish tactics and name calling has pulled the center of the country against you. Not sure how many lost elections its going to take before you figure this one out. It's been pretty clear thus far. You are a Meme now.This is the exact mindset of GOP voters and why this bullshit money grab passed and has them all cheering. They dangle a piece of a carrot in front of them, and they jump for joy, but are too short sighted to see what's going to happen in the future, and who will end up paying for this. Then they default to the bullshit 'liberal' label as if that negates any opposing argument.....
I make very good money, and yes I will see a good decrease in taxes (until they expire). But this is the wrong time to add to the deficit so the rich/corporations can get a handout. We are at what, almost at a 20T deficit right now? So the party of no increase to the deficit just handed out money to the people that need it least, myself included. The poor/middle class need this FAR more than I or the rich do, and I would have much preferred if the cuts to be focused on them like the cheeto claimed repeatedly. Or how about removing all the bullshit deductions the top is using to avoid paying their share?
And healthcare was rising at a faster rate before ACA.... But like I've said before, that was a poor bandaid fix for our completely broken healthcare/insurance model in the US. When it's cheaper to purchase a plane ticket to fly to another country and pay out of pocket for a procedure than it is to get it done in the US with insurance, there is a big fucking problem. And our healthcare is ridiculously shitty for being a first world country.....
Because they put us into more debt (trillions of it) in order to fund those tax cuts. Its literally corporate welfare for the already rich, who by and large don't spend the majority of what they earn so any economic stimulus will be minimal, paid for by the non-rich. This is from the party that claims to be fiscally conservative.What's the problem with corporations saving billions in taxes?
Because it doesn't work. At least not if you're trying to use tax cuts in order to achieve that goal. The way you repatriate foreign profits and tax them is by explicitly taxing those earnings and closing tax loopholes. Not by cuts.What's wrong with encouraging repatriation of foreign money?
There is some truth to this but there are real differences in policy between the 2 parties so this "both sides do it too" garbage is ridiculous.If you really think that way, I suggest you look at the conservative arguments too. The plain fact is, both sides play that card in order to stay in power.
That isn't going to happen though and you know it. They clearly want to cut any and all social welfare spending and they're not going to replace it since the "free market" (according to Ryan) will somehow provide.CHIPS is still there, Trump is redirecting money from another facility until the vote can take place.
Nearly all job creation is garbage level min. wage or near min. wage stuff and has been for a very long time now while blue/white collar jobs get outsourced or eliminated. Just saying "do work" is no real solution.With the jobs creation thats happening try this: DO WORK! Or get a job in a field that's needed!