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He adds more value and generates more profits to the company than one of the truck drivers who gets paid a small portion of what the CFO makes.
Let one of the truck drivers run things for a bit and see how things turn out...
All of us employees are replaceable, to some degree.
Those people who get paid a lot of money are harder to replace than those who get paid less. It's just a fact.
Not everyone is equal, sorry to say.
Free markets naturally give rise to oligarchies, concentration of power is the nature of a free market. In a free market established players consume smaller players, that's how it works. That is the free market, that's the market we've lived under since our very first towns and cities.
Free markets are also inherently unstable, they collapse constantly. We use socialist policies to prop up collapsing free market economies until they stabilise. With collapse averted the free market allows our economies to grow. Socialist economies are very resistant to growth, the resources of the market are just constantly spread thinner and thinner so people get inexorably poorer. We've watched both systems fail time and time again, that's why we don't use either one of them.
No social, political, or economic system is immune to corruption. We've watched corruption damage all economic and political models. That is what this really is: Corruption.
I could type out a long response to this about Comcast and their co-marketing of this tax cut with the government they bought and paid for, but why bother.. In a few years when the net loss is thousands of jobs, will you still check the talking points to make sure you only post the hires? Don't forget those $1000 bonuses for their employees they announced to help the party market that tax cut.
It's hilarious that you're trying to separate the mean ol' company from glorious daddy.
Fired them and made them sign and NDA not to discuss being fired as a term of condition to get their severance? Holy fuck, can a company get any scummier? That's some fucking NSA tactics right there, damn.
So, I assume that means you have a check in hand to make up this years to last years difference, right? Liberals be like: Tax cuts be bad, except mine.
Comcast marketing strategy is basically “join us, we made sure you have no other options”.
Nope, because one person wants to go one way and waste millions of dollars and then screws up, then the next person rips all those changes out and goes another way and then puts the company in a wrong direction causing lots of customer service issues due to his changes. And so on. Like I said, they act like they know how to do it, but they don't.
Oh but I thought they did? Wasn't he crowing the success of it the moment some large corps said they do a one time raise as a "result" of the bill not too long ago?
The effects of the bill are fairly easy to predict, the effect of tax cuts that mostly benefit the rich are well known and understood. We saw this with the Bush tax cuts and the same thing happened with tax cuts for businesses done by Reagan. If you give corps tax cuts they don't hire more people or buy more goods/services. They just pocket the tax cut as increased profits.
And yet tax cuts were supposed to be an unalloyed good benefiting everyone? And these companies still make money hand over fist BTW.
edit:
If they're already profitable then how are they floundering? Show the numbers that demonstrate they'd be floundering without firing these people.
The thing about the Reagan tax cuts were that they lowered corporate taxes while raising payroll taxes. The Bush tax cuts were also pretty puny on the corporate end. The Bush tax cuts mainly favored rich individuals. True, there was a one time repatriatiation tax break, but in the middle of a recession, it's no wonder that corporations mainly used the small amount of money they repatriated to prop up their financial positions. The Bush and Reagan tax cuts aren't really comparable.
Why don' you go tell the Swedes how foolish they are to have cut their corporate tax rates? SWEDEN actually did slash their corporate tax rates in the 90s and they witnessed a multi decade boom afterwards.
Really, door-to-door comcast salesmen earn 50-100,000 bucks? What the hell haha? That is so ridiculous if true.
They didn't pay a wage, it was described as low, it was commission that might get someone there. I am not arguing about fairness on this.Why?
I am not a Comcast supporter as I can’t get their service anyway but it sounds to me like a company paid a decent wage for doing a job. So why is it ridiculous?
Says who the fuck?Explain to me how a socialist, government created monopoly is "trickle down economics?" Other companies would be allowed to compete, if government did not interfere.
But people in your position get paid $500k+, while all these little people get underpaid, and you complain about stuff like this. How about take a major salary cut since most of people in your positions don't do anything, to help pay for those things you are complaining about and the lesser employees.
If its all commissions as it seems their base pay was low, that 100k don't come easy, those jobs are a pain in the ass, chasing the sales and all that shit.$100,000 for door to door sales? damn.
really?
Like it or not; this is pretty much the truth.Yes, and in this case, they are scumbags that will lie right to your face to get the sale...fuck them all...Im glad they fired them.
You twits need to stop saying "trickle down" as if it's an actual phrase or position posited by supply-side economists. It was a pejorative term created by Keynesian economists. You twits.
Good luck with your trucking business as the bridges and roads crumble.
I'm curious about a few things with this story. I thought public companies needed to report mass layoffs. The shareholders and public have a right to know, correct? Of course I'm no labor law or SEC expert so I could be wrong.
Has Comcast not reported something they should have? We all know they are shady, but they may have broken some laws and/or rules here.
Then again they are slimy and probably have hordes or slimy lawyers who know every loophole in the book. Saul Goodman likely wouldn't even work for them.
Maybe in your view, but not in ours. We been through 3 CIOs in the last 2 years because each of them screwed up our company and wouldn't listen to what the actual people who do the work recommended. And I can tell you for a fact most people in those positions don't know jack.
Nope, because one person wants to go one way and waste millions of dollars and then screws up, then the next person rips all those changes out and goes another way and then puts the company in a wrong direction causing lots of customer service issues due to his changes. And so on. Like I said, they act like they know how to do it, but they don't.
Maybe in your view, but not in ours. We been through 3 CIOs in the last 2 years because each of them screwed up our company and wouldn't listen to what the actual people who do the work recommended. And I can tell you for a fact most people in those positions don't know jack.
Taxes have been killing us. If you think about it, current corporate tax rates have the highest bracket of 34/35% kick in at incomes over $335,000. That might sound like a lot of money to some of the less business experienced folks on this forum, but in the real world that's peanuts.....especially considering 1 new Class 8 heavy truck costs about $138,000 and has a life of about 5 -7 years. When the government comes in and takes 1/3 of your earnings after $335,000 its devastating to a capital intensive business.
But people in your position get paid $500k+, while all these little people get underpaid, and you complain about stuff like this. How about take a major salary cut since most of people in your positions don't do anything, to help pay for those things you are complaining about and the lesser employees.
Do they still get the $ 1000 tax cut bonus?
Fired them and made them sign and NDA not to discuss being fired as a term of condition to get their severance? Holy fuck, can a company get any scummier? That's some fucking NSA tactics right there, damn.
Yes there are. I get them from Comcast, Verizon and various energy suppliers all the time.
As far as the tax cuts. Do you guys really not have a single cent in the market for retirement, because the tax cuts for corporations are DIRECTLY benefiting me. Even if it is $25/Mo you could have $200,000+ for retirement.
Oh idk if they were actual Comcast employees. They could of been subbed out but they were in full Comcast clothes. I always tell them to piss off before they even open their mouths.I'm very surprised to read that they were actual Comcast employees. The trend for a long time has been to farm out these jobs to temps, or to third-party sales crews. Most of those crews don't even have the salesmen on their payroll - they call them "contractors" to avoid payroll tax.
The rhetoric from Repubs on both those series of cuts that I was addressing though was that tax cuts are a unalloyed good and grow the economy, create jobs, etc.The thing about the Reagan tax cuts were that they lowered corporate taxes while raising payroll taxes. The Bush tax cuts were also pretty puny on the corporate end.
The tax cuts pretty much ALWAYS favor the rich. Again this is a obvious bias that any actual glance at the numbers will show.The Bush tax cuts mainly favored rich individuals.
Nope. Their economy largely followed the path of other European nations and everyone was doing good in that time frame. Others have tried the "slash corp tax rates to nothing" and all that has resulted is a race to the bottom that results in trashed tax revenue balance sheets and ballooning debt.SWEDEN actually did slash their corporate tax rates in the 90s and they witnessed a multi decade boom afterwards.
The rhetoric from Repubs on both those series of cuts that I was addressing though was that tax cuts are a unalloyed good and grow the economy, create jobs, etc.
That is either true or it isn't. And the evidence is that it isn't true at all.
And the Bush tax cuts added over $1 trillion to the deficit within less than a decade. Nothing that adds that amount of debt over that time frame can be reasonably called trivial. BTW in comparison welfare programs like SNAP cost the govt. far less over that same time frame but Repubs bitch bitterly about the cost of them and yet they have obvious economic and moral benefit. The double standard is as clear as day.
The tax cuts pretty much ALWAYS favor the rich. Again this is a obvious bias that any actual glance at the numbers will show.
Nope. Their economy largely followed the path of other European nations and everyone was doing good in that time frame. Others have tried the "slash corp tax rates to nothing" and all that has resulted is a race to the bottom that results in trashed tax revenue balance sheets and ballooning debt.
Everybody pays taxes so what is your point exactly?You mean tax cuts favor the people who pay taxes!?!??!
Again what? Retirement investments weren't brought up previously at all by or the guy I was replying to.Again. Do you not have one cent invested for retirement?
Sounds like you have all the answers and should step up to the plate, sounds like you will be making $500k + in no time... really curious why you haven't already actually...Nope, because one person wants to go one way and waste millions of dollars and then screws up, then the next person rips all those changes out and goes another way and then puts the company in a wrong direction causing lots of customer service issues due to his changes. And so on. Like I said, they act like they know how to do it, but they don't.
Your buddy Obama and friends made healthcare more expensive and the economy has been anemic for 8 years under that loser, why the fuck do you want to keep doing things the liberal way since its obvious it just fucked you for 8 years.Everybody pays taxes so what is your point exactly?
Again what? Retirement investments weren't brought up previously at all by or the guy I was replying to.
And yes I have retirement investments but I'd happily lose all of it if it meant having more affordable healthcare. A single chronic illness or even "just" a major surgery could easily wipe out all my savings even with insurance. Happens to people all the time.
Of course that is a false equivalency on your part. Its quite possible to not do tax cuts, have more affordable healthcare, and people could still save for retirement if they so chose.
I'd point out too that the rich own the overwhelming majority of stock and other wealth investment financial vehicles right now and Trump's and the Repub's new tax bill won't change that in the slightest. So no matter which way you look at the situation your comment doesn't make any sense at all.