GOP Passes Historic Tax Plan

There is this undercurrent of envy which is the lifeblood the democrat party and the left. Actually, it's not an undercurrent as it's in full display. It says that I should be all Sure, I'm getting a tax break, a $1000 bonus just in time for Christmas, a $3/hour bump in my wage, but those rich motherfuckers (who bear most of the tax burden) are getting way more. It's highway robbery. Nevermind that this is their own money we're talking about.

Good for them. I still got my $1000 (I actually got way more than that, but that's beside the point) so I'm GRATEFUL.
 

xfire

New Twitter/X @cxffreeman
Oh, sure, it's not like Trickle Down hasn't proven to be a cluster fuck of a failure time and time again. Just like when Bush crashed the economy in '08, yet another bunch of idiot republicans want to play Cowboy Economist, enjoy your $1000 token and a blue tidal wave next fall.
 
Oh, sure, it's not like Trickle Down hasn't proven to be a cluster fuck of a failure time and time again. Just like when Bush crashed the economy in '08, yet another bunch of idiot republicans want to play Cowboy Economist, enjoy your $1000 token and a blue tidal wave next fall.

If we're at 4%+ growth, full employment, the economy is gang busters, what exactly are the dems going to run on? They hate Trump?

#Resist
#PussyHats
 
Oh, sure, it's not like Trickle Down hasn't proven to be a cluster fuck of a failure time and time again. Just like when Bush crashed the economy in '08, yet another bunch of idiot republicans want to play Cowboy Economist, enjoy your $1000 token and a blue tidal wave next fall.

$1,000

You pick the attorney
 
That's original. Not funny or particularly intellectual, but original. How's that dad's sense of humor working out for ya?

I'm no intellectual. Plain old common sense would be all I could hope to strive for, and yes, a sense of humor. But I'll defer to you on that, funny guy lol.
 

xfire

New Twitter/X @cxffreeman
I'm no intellectual. Plain old common sense would be all I could hope to strive for, and yes, a sense of humor. But I'll defer to you on that, funny guy lol.

But naw, what are you going to do with your tax cut? I've been refurbishing a Windows 98 machine for the last few days to play Diablo II on.
 
But naw, what are you going to do with your tax cut? I've been refurbishing a Windows 98 machine for the last few days to play Diablo II on.

I paid off my car with my employer's tax cut.

It's a shame it didn't get down to 15% or I could've paid off my amazon card.

Looking forward to February.
 

xfire

New Twitter/X @cxffreeman
You know this tax bill is shit when Trish Regan is criticizing it. She's stunned that Trump and the GOP lied.....hahahahahahaha

Wow, another big shock. Kind of like, "healthcare is complicated", and "governing is hard", yeah, no one could have possibly knew that.


bigshock2.jpg

cashingout.jpg
 
Yeah? So?
And that's not excactly what he says about this tax plan when his taling to average americans, to middle-class and working class. To them, he says the bill is designed for the workers. To his rich friends he say's the bill is designed for the rich...

Now, when is he telling the truth : on TV or behind closed doors. I think I know the answer...
 
A growing list of corporations (read: rich people) sharing the savings they're getting from the corporate tax cut:

Kansas City Southern, the Missouri-based transportation holding company with railroad investments in the U.S., Mexico and Panama, said it would immediately give a one-time $1,000 bonus to non-executive employees of its subsidiaries in the U.S. and Mexico.

U.S. Bank of America employees making up to $150,000 per year in total compensation – about 145,000 teammates – will receive a one-time bonus of $1,000 by year-end.

PNC Financial Services will give $1,000 bonus to about 47,500 workers.

New Braunfels-based Rush Enterprises of Texas is giving each of its 6,600 employees a $1,000 bonus – a total of $6.6 million. Chief Financial Officer Steven Keller said: “You’ve got a choice – we could’ve kept it and stuffed it in the company bank account or coffers, or we can share it with the people.”

Associated Bank in Wisconsin boosted its minimum hourly wage to $15 and paying workers a $500 bonus.

Idaho health-care and home-products company Melaleuca Inc. is providing its 2,000 employees $100 bonuses for every year they worked for the company. The company has 147 employees who have worked for the company for 20 years or more.

In Hawaii, Royal Hawaiian Heritage Jewelry plans to open up three more shops – in Honolulu, in Kauai and Maui in addition to its existing three shops.

Washington Federal in Seattle will increase wages for most of its workers by 5 percent and is adding 25 people to its information-technology staff.

Aquesta Financial Holdings in Cornelius, N.C., will raise hourly pay to $15 and will be giving $1,000 bonuses to all of it workers.

Canary LLC announced it will hire new employees and purchase more equipment.

First Hawaiian Bank said it will give out $1,500 cash bonuses to 2,264 employees, or all but 11 members of its senior management team. The state’s largest bank also will increase its minimum wage to $15 an hour from $12.75 an hour for 613 employees.

Bank of Hawaii, the state’s second-largest bank, said it will give out $1,000 cash bonuses to 2,074 employees, or 95 percent of its workforce. The bonuses affect all employees below the senior vice president level. The bank also will increase its minimum wage to $15 an hour from $12 an hour.

American Savings Bank, the third-largest bank in Hawaii, said it will award $1,000 bonuses to nearly all of its employees. In addition, the bank said it was increasing its starting wage to $15.25 an hour from $12.21 an hour.

AT&T expanding its bonus program to an additional 200,000 staffers getting $1,000 apiece.

Boeing gift of $300 million in investment in its employee-related charitable program “to support our heroes, our homes and our future.”

Wells Fargo raises minimum wage to $15.

Fifth Third raises minimum wage to $15 and offering bonuses of $1,000 to 13,000 employees.

Comcast NBC Universal anted up $1,000 bonuses to more than 100,000 non-executive employees.


Read more at http://www.wnd.com/2017/12/the-big-list-of-tax-cut-payoffs/#Cx1HPgccDsRcY7cK.99

And note those that aren't only giving a bonus but are raising wages significantly and hiring more.

Yeah, I'm getting a fat bonus, a wage increase but those rich people are getting wealthier. I'm so angry.
 
AT&T Announces Thousands of Layoffs, Firings Just in Time for Christmas


AT&T plans to lay off and fire more than a thousand workers starting early next year, according to local reports.

Across the Midwest, an estimated 600 workers were notified they were being laid off by the company on December 16, a week before AT&T announced it was doling out $1,000 bonuses to 200,000 of its employees in celebration of the Republican Party’s tax overhaul.
The telecommunications giant told the Chicago Tribune in a statement that the most of the affected workers are from its landline and other legacy service sectors, but the company did not say how many workers total would still be employed in 2018.

Technology improvements are driving higher efficiencies and there are some areas where demand for our legacy services continues to decline, and we’re adjusting our workforce in some of those areas as we continue to align our workforce with the changing needs of the business. Many of the affected employees have a job offer guarantee that ensures they’ll be offered another job with the company, and we’ll work to find other jobs for as many of them as possible.

The announcement came days after the New York Post reported that the company “pink-slipped more than 700 DirecTV home installers.”

On Friday, the Post also reported that AT&T has recently laid off “215 high-skilled technician jobs in nine Southern states” and plans to fire nearly 700 workers in Texas and Missouri beginning in February.
Union representatives expressed concern and resentment toward the company.

How can you lay people off and then give them $1,000 and say that there’s going to be more jobs available? I wish someone could tell me how that’s possible because I have to explain that to my members, and right now at this time of year, this is a difficult pill to swallow,” Joseph Blanco, president of Local 6360 Communication Workers of America Union in Kansas City, told Fox 4 on Thursday.

Randall Stephenson, CEO of AT&T, said in a statement that the GOP’s tax bill would improve the country’s economy and the company’s financial prospects.
“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. This tax reform will drive economic growth and create good-paying jobs,” AT&T chief executive Randall Stephenson said, according to CNBC.

Last year, senior executives at AT&T told The New York Times that “shrinking the [company's] workforce by 30 percent is not out of the question.”

As reported by Reuters, AT&T is vying to acquire media conglomerate Time Warner Inc., but the Justice Department sued to prevent the $85.4 billion acquisition in November for fears that AT&T might charge rival networks “hundreds of millions of dollars more per year” for Time Warner’s catalog of movies and T.V. channels if the merger would stand.
Soon after the company announced it would give $200 million worth of bonuses, President Donald Trump praised the move as an indicator of how the tax bill could benefit American workers.
https://in.news.yahoo.com/t-announces-thousands-layoffs-firings-205347737.html
 

bobjustbob

Proud member of FreeOnes Hall Of Fame. Retired to
I'd like to chime into Rey's comments.

You invest your k into funds, treasuries, bonds, whatever. If your company is public then their match may be attached to their common stock... or invest it as you want.

This run up in the marker has been happening well before Trump was ever considered a viable candidate. If you haven't made money in your k then you haven't been watching your money. That's your fault and no one else's.

If you're that nervous about your k, you can always barrow against it and buy some land. Pay the interest back to yourself instead of a bank. So you want to build a house? That limit on your property taxes is the same as "the rich" now. Build that house. Not me. I have always rented and will continue to do so. If my heat goes down, I make a phone call. If my roof leaks, I make a phone call. Fridge or stove stop working... phone call. I don't shovel snow or cut grass.

That 20 bucks in my pocket a week is okay with me. What do you think you deserve? 60? 100? Stop fucking crying about what other people make. I don't care what other people make or do with their money. Some people need to learn that being jealous of money is not productive.
 

Rey C.

Racing is life... anything else is just waiting.
That's basically how I see it too, Bob. There are people who make a lot more or a little more than I make. There are people who make a lot less or a little less than I make. I don't worry about it. And while I try to pay attention to how various legislation affects the nation (and especially me), at the end of the day, I just have to deal with it and adjust where I can, so that I can benefit myself and my family as best I can. I mean, it's me who has to take care of me. I don't see it as the government's job to be my nanny. And I'd prefer that a bunch of corrupt bureaucrats (whether they're wearing blue or red) just leave me alone as much as possible. My employer pays me (including raises and bonuses) because they perceive that I bring value to the company - and if they don't pay me at a certain rate, I'll leave... and they're right. It's certainly not because it's an altruistic organization that employs me. They'd replace me with a robot if they could. That's just the reality that most of us in the private sector face now.

As far as this tax legislation, is it right or fair that hedge fund and private equity managers are able to continue classifying their incomes under a special interest loophole (that Trump promised to close)? Nope. Not fair or right. But it is what it is. And ya know, there might be some single wage earners who have incomes similar to people with kids, who don't think that it's right or fair that these people are able to not just get full refunds, but also net/net get money back. They don't actually pay federal income taxes, while that single person does have to pay (even though the single person might have kids that he can't count because of a divorce/custody situation). What is the percentage now, something like 49% of Americans don't actually pay federal income taxes? Some people think that just because they pay into withholding that they're paying taxes, when that is not true.

But like I said, it is what it is. We're discussing this on the internet today. I have the day off and I've wasted my time, most all day, playing here and on race car boards. I'm on R&R and I've done nothing productive. I've been window shopping for sports cars, race car parts and drooling over pics of Christy Canyon. I hate to say it, but my Senate career would be over if I was anywhere near this woman. Yes, there'd be a whole bunch of unwanted sexual advances going on here. Oh hells yeah!

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OK, what was my point? Oh yeah! Uh (damn, look at dat ass!), one can devote time on the internet to perusing hot pieces of ass or learning the ins & outs of investing or how the stock market, IRAs, 401Ks and other investment vehicles work. Really work... not what some know-nothing "wise man" claims is true (when it is definitely not true).

You've made the financial decision to rent instead of buying. That can work financially, especially in high property tax states. But it sounds like you've thought it through and made a conscious decision. But when I hear people say things like the stock market is rigged, there's no way to make money in an IRA or 401K, or like the character who was on here a few years ago, who claimed that he had a degree in IT, but he couldn't get a job in IT because all the minorities and women were getting the IT and computer jobs and White males couldn't get hired... I will call bullshit! in a hot second. IMO, what more people need to do is start focusing on self-improvement. I don't care if it's Donald Trump, Hillary Clinton or the ghost of Adolph Hitler, no one can take away my spirit or the knowledge that I have gained over the years. My belief is that the only one who can really stop me is me... and uh, death. And the one primarily responsible for my success is me, not the gubment. The continued pussification of this nation's spirit makes me genuinely sad. But, I'll still keep carrying my own water.

So, as we look toward 2018, how about every single one of us asks ourselves: what can WE do to improve our own lot in life, independent of the government, parents or employers???


P.S. Have to fight the distractions though... cause my gosh, Christy is still one fine ass looking woman!
 
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