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Keeping Track of your President Trump

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Postby LeVeL on 30 Jan 2018 14:56

Re: Keeping Track of your President Trump

slamminshaun wrote:
LeVeL wrote:Will this trickle down though?


http://abcnews.go.com/Business/wireStor ... s-52630132

FedEx says it'll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company's pension plan, citing recent tax reform legislation.


https://www.usatoday.com/story/money/20 ... 023606001/

Walmart is boosting the minimum hourly wage for its U.S. employees to $11 and dishing out bonuses of up to $1,000, crediting President Trump's tax cut for enabling the move.


https://www.usatoday.com/story/money/20 ... 064718001/

Home Depot is doling out bonuses of up to $1,000 to U.S. hourly workers, becoming the latest major national employer to hand out checks after President Trump's corporate tax cut.


http://www.bbc.com/news/business-42812453

At Disney, 125,000 workers will receive a $1,000 one-time bonus. Alaska Airlines said 23,000 of its staff would get $1,000 awards, on top of their usual incentive system. And about 60,000 employees at Fiat Chrysler Automobiles are due to take home $2,000 extra.


https://www.usatoday.com/story/money/20 ... 023848001/

BB&T also raised minimum hourly pay rate from $12 to $15, effective Jan. 1, 2018; Fifth Third Bank also boosted minimum wage to $15 per hour for all employees; PNC Financial also will raise minimum pay rate to $15 an hour by the end of 2018.


Shaun weren't you against the minimum wage being increased? Now you are praising it..lol

The reality is that these businesses will get millions in tax cuts, while the workers will get pennies. The majority of these businesses could of increased and provided bonuses before the Tax Cuts.
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Postby pod on 30 Jan 2018 17:44

Re: Keeping Track of your President Trump

The nice thing about freedom is you can do what you want with your money. Of course, progressives consider your money to be "their" money, since they delight in taking it from you at gunpoint.

Regardless of who is in the hotseat, the only time I've ever gotten bonuses is when I've earned it.
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Postby LeVeL on 31 Jan 2018 11:24

Re: Keeping Track of your President Trump

pod wrote:The nice thing about freedom is you can do what you want with your money. Of course, progressives consider your money to be "their" money, since they delight in taking it from you at gunpoint.


WHAT? HUH?

Are you still in the North Pole? lol

You make no sense man
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Postby slamminshaun on 31 Jan 2018 11:39

Re: Keeping Track of your President Trump

LeVeL wrote:Shaun weren't you against the minimum wage being increased? Now you are praising it..lol


LOL is right!!! The Slammer is 100% against all minimum wage laws, but 100% supportive of every single company raising their own minimum wage. Don't strain too hard thinking about that, you might pull a muscle.

LeVeL wrote:The reality is that these businesses will get millions in tax cuts, while the workers will get pennies. The majority of these businesses could of increased and provided bonuses before the Tax Cuts.


LOL!!! That's a lot of pennies! 100,000 pennies = $1,000 bonus.

And no, the majority of those businesses could not have provided those bonuses without it negatively impacting their financial statements. There is now a tax benefit for the companies doing this, so they're doing it. They're not doing it for charitable reasons, they're doing it because offering bonuses finally makes business sense. That's how business works. If it makes rational business sense, you do it. So why not change the tax code to make businesses want to give more to the workers? Don't hurt yourself trying to understand it, just be happy that millions of workers are receiving hundreds and thousands of pennies they never expected and can use those pennies for whatever they want.
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Postby LeVeL on 31 Jan 2018 12:18

Re: Keeping Track of your President Trump

slamminshaun wrote:
LOL!!! That's a lot of pennies! 100,000 pennies = $1,000 bonus.

And no, the majority of those businesses could not have provided those bonuses without it negatively impacting their financial statements. There is now a tax benefit for the companies doing this, so they're doing it. They're not doing it for charitable reasons, they're doing it because offering bonuses finally makes business sense. That's how business works. If it makes rational business sense, you do it. So why not change the tax code to make businesses want to give more to the workers? Don't hurt yourself trying to understand it, just be happy that millions of workers are receiving hundreds and thousands of pennies they never expected and can use those pennies for whatever they want.


The Businesses that Trump is using as a PR Strunt are Billion Dollar companies and they pay their workforce crap wages. These are not high paying jobs man.

How Much Trump’s Tax Cuts Are Trickling Down

Much was made of Wal-Mart’s wage bump and its $1,000 bonus because of how many low-income Americans it employs, but spokesman Kory Lundberg said at the time that a “sizable group” of its 4,700 U.S. stores already pay $11 an hour due to state minimum-wage laws. In fact, the $1 wage hike was the retailer’s third in as many years and “part of a longer-term trend” in the industry, says David Schick, director of research for Consumer Edge Research. Wal-Mart spokesman Blake Jackson declined to comment.


Please dont hurt yourself reading some facts for a change. :lol:

The booming Stock Market doesn't impact every day American's either. The majority of American's don't invest on the Stock Market. Also whatever happened to Republicans wanting to bring down the deficit?

Now you guys are in power and debt concerns suddenly don't matter?

Debt Concerns, Once a Core Republican Tenet, Take a Back Seat to Tax Cuts
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Postby slamminshaun on 31 Jan 2018 22:40

Re: Keeping Track of your President Trump

LeVeL wrote:The booming Stock Market doesn't impact every day American's either. The majority of American's don't invest on the Stock Market.


How many Americans have 401(k)s?

In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.


https://www.ici.org/policy/retirement/p ... /faqs_401k
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Postby coach on 01 Feb 2018 10:20

Re: Keeping Track of your President Trump

pod wrote:No one criticizing Trump wants to admit that they're in a tizzy because the mean ol' man shook their misguided faith in government. Trump just exposed what a lot of us knew all along, it's mostly bullshit.

Would that were true. I mean, I agree that the Fed gov is mostly a shithole of greedy assholes (see how that works out), but unfortunately I do not think that for most people Trump is not the great revealer. What it looks like to me is that everyone is taking his Presidency very personally. The people who love him do so because of him. The people who hate him do not do so because they see that he has exposed the great morass that is Washington, they hate him because he is an asshole. They are missing the larger picture, as usual, that Trump is just a symptom of the problem, but the real problem is mass selfishness in Washington. Then again, that is how they have been trained.
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Postby coach on 01 Feb 2018 10:22

Re: Keeping Track of your President Trump

slamminshaun wrote:In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.


https://www.ici.org/policy/retirement/p ... /faqs_401k[/quote]
That's a pretty low percentage.
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Postby pod on 01 Feb 2018 10:28

Re: Keeping Track of your President Trump

Because 401Ks aren't the end-all-be-all.

IRAs, other investments, even crypto.
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Postby JMT on 01 Feb 2018 13:39

Re: Keeping Track of your President Trump

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