"It was a perfect storm of disastrous proportions. After a handful of conservative billionaires spent a generation gradually buying off every last Republican in Congress, a traitor named Donald Trump conspired with a foreign enemy to rig the election, which left the Republicans temporarily in charge of the White House, the Senate, and the House. In so doing, Trump destroyed the GOP’s reputation, ensuring it won’t hold another majority for a generation. And so the donors decided to force the party to commit mass suicide today in the name of one last cold hard cash grab..."
Not to mention anyone on the Health Exchanges is going to be in for a big shock next year
●Premiums for the most popular health insurance on the individual market exchanges are estimated to rise 34 percent on average next year, according to the consulting firm Avalere Health, because of previous sabotage done by the Trump administration. Premiums in Iowa would be up 69 percent, Wyoming 65 percent and Utah 64 percent.
●Employer-based health insurance costs are forecast to rise in 2018 by the most since 2011, at 4.3 percent, according to the human resources consulting firm Mercer, and overall medical costs will be up 6.5 percent
In the hours after Congress approved the GOP tax cut plan, a handful of companies jumped to announce plans to share some of the proceeds on their employees and spend on infrastructure. Boeing was first out of the gate, followed by AT&T, which said it would give more than 200,000 unionized employees a special bonus of $1,000 once the tax bill is signed. The company also said it would increase its capital expenditures by $1 billion.
Both Fifth Third Bancorp and Wells Fargo followed, saying they would raise their minimum wage to $15 an hour. Fifth Third said it would also give workers a bonus, and Wells Fargo said it would give $400 million to community and nonprofit organizations next year.
Comcast, which owns CNBC parent NBCUniversal, said it would pay 100,000 frontline and non-executive employees special $1,000 bonuses. The company also said it is making the move because of the FCC’s recent change in broadband rules and tax reform. It also said it plans to spend well in excess of $50 billion over the next five years on infrastructure improvements.
“This is exciting stuff. This is good. This is not just a whole bunch of guys saying I can buy back a lot of stock here and jazz up my numbers through financial engineering. This is a bunch of business leaders saying we can use this tax benefit to grow our company, keep our loyal employees and assist the community,” said Dick Bove, banking analyst at Vertical Group.
Early 2000's our State's Republican Gov signed repeated "tax cuts" into law, giving most folks $200 - $300, now our state is in complete financial Ruin, but of course Republicans blame the convenient scapegoats - State employees & their pensions/healthcare.
Oh and don't forget, Thom is a Gov't employee with a pension & health benefits . . . who Zones on his employer's Dime . . .
New Braunfels-based Rush Enterprises is planning to give each of its employees a $1,000 bonus after President Donald Trump signs the tax reform bill into law. The commercial truck dealer said all of its approximately 6,600 U.S. employees will receive the one-time payout — which will cost about $6.6 million. “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,” said Rush Enterprises’ Chief Financial Officer Steven Keller. “We chose to share it with the people because it’s the right thing to do.” Rush Enterprises President and CEO W.M. “Rusty” Rush said in a statement “we believe tax reform to be beneficial for Rush Enterprises, our communities and overall economic growth.”
Associated Bank said Thursday it will boost its minimum hourly wage to $15 and pay workers a $500 bonus when the recently passed federal tax reform is signed, making it the first major Wisconsin firm to announce it is joining the list of companies saying their employees will directly benefit from the legislation. The Green Bay-based bank, the largest financial institution headquartered in the state, said it will raise its minimum wage to $15 an hour from $10 — a 50% boost — and distribute the one-time bonus to all hourly, non-commissioned employees once the tax legislation is signed into law. The company said the moves would affect about 55% of its workers. Associated has about 4,400 employees, with 3,400 of them in Wisconsin.
Idaho health care and home products company Melaleuca Inc. announced Thursday that it will be the latest major business to give its workers bonuses in response to President Donald Trump’s tax cuts. Melaleuca CEO Frank VanderSloot said in a phone interview that his 2,000 workers will get a one-time bonus of $100 for every year they have worked at the company. On average, Melaleuca employees stay at the company eight years – which would result in an $800 bonus. The company also has 147 employees who have worked for VanderSloot for 20 years or more. “We’re going to be able to have quite a few substantial dollars after taxes,” VanderSloot said. “I suspect we’re one of the largest taxpayers in the state, so we’re going to have some more dollars to spread around. That money should go to the people who built the company.”
Royal Hawaiian Heritage Jewelry has been in business for about 40 years. And owner Jackie Breeden is hoping a sweeping tax overhaul approved by Congress and headed to the president’s desk will help her expand operations beyond her stores at Pearlridge Center and on Bishop Street, and a single neighbor island outlet in Kona. “I’m from Kauai so I would like to open up a shop back on the island of Kauai and on the west side of Honolulu as well, and be back in Maui. Before we were on all the islands,” she said.
The new $10,000 cap on state and local tax deductions will have a less dramatic effect than feared because such deductions in many cases had already been rendered moot by the alternative minimum tax (AMT), a mechanism for assuring that the well-heeled pay at least 26 percent of their income in taxes.
>The new $10,000 cap on state and local tax deductions will have a less dramatic effect than feared because such deductions in many cases had already been rendered moot by the alternative minimum tax (AMT), a mechanism for assuring that the well-heeled pay at least 26 percent of their income in taxes<
I, and most of my neighbors, pay more than $10,000 a year in property taxes, that does not include state income tax. I don't make near enough to be affected by the AMT, so this issue affects me and many households in NJ.
>>It's just a tragedy that the government isn't getting all of the money<<
Sure will be when Social security, Medicare are cut.
Butyou don't care about those less fortunate than yourself, do you Thom?
I’ve said it before. The goal is to crash the US economy and by up all the stock at pennies on the dollar. What they are not expecting is a violent uprising from the people.
Thom most companies paying bonuses within 24-hours of tax cuts all have business in front of the government such as mergers (AT&T), regulatory fines (Wells Fargo) & Boeing (import/export bank).
Top of Page Bottom of Page PermalinkFull Name: I rang a silent bell
Meager temporary tax cuts for
Meager temporary tax cuts for the poor and middle class, huge permanent cuts for the rich and big corporations.
Top of Page Bottom of Page PermalinkFull Name: Johnny D
"It was a perfect storm of
"It was a perfect storm of disastrous proportions. After a handful of conservative billionaires spent a generation gradually buying off every last Republican in Congress, a traitor named Donald Trump conspired with a foreign enemy to rig the election, which left the Republicans temporarily in charge of the White House, the Senate, and the House. In so doing, Trump destroyed the GOP’s reputation, ensuring it won’t hold another majority for a generation. And so the donors decided to force the party to commit mass suicide today in the name of one last cold hard cash grab..."
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind
Top of Page Bottom of Page PermalinkFull Name: Highnote
1.5 trillion debt equals
1.5 trillion debt equals $4600 per person.
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune
aka, the "Fuck You, Pay Me"
aka, the "Fuck You, Pay Me" plan...
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind
Lil' Donnie T. might not sign
Lil' Donnie T. might not sign until Jan. 3rd.
- Cuts to Medicare happen immediately.
- Gonna reek havoc on payroll withholdings. Currently no guidelines on "how much" to withhold.
*If you receive a paycheck you will be affected.
Top of Page Bottom of Page PermalinkFull Name: Imagine
Lotta great memes. Sad sad
Lotta great memes. Sad sad story. Has it become so big now that we can change things? please
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: always
Beme News in reading the
Beme News in reading the entire bill ive right now. Comedy.
https://www.youtube.com/watch?v=3L3i7UbZMsI
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind
The face of the Trump Tax
The face of the Trump Tax Scam.
Wyatt Koch
Top of Page Bottom of Page PermalinkFull Name: The Sound of Steam and Caffeine
Sad.
Sad.
Top of Page Bottom of Page PermalinkFull Name: El Nino
Whenever I talk to
Whenever I talk to Republicans I just call it the Soros tax cut
Top of Page Bottom of Page PermalinkFull Name: good at drinking water
mine will go up substantially
tax cuts? not for all of us.
mine will go up.
why? Only corporations and businesses can deduct fully deduct property tax anymore, citizens can't.
Oh well, all for the good of corporate profits, they needed a boost.
Top of Page Bottom of Page PermalinkFull Name: El Nino
Not to mention anyone on the
Not to mention anyone on the Health Exchanges is going to be in for a big shock next year
●Premiums for the most popular health insurance on the individual market exchanges are estimated to rise 34 percent on average next year, according to the consulting firm Avalere Health, because of previous sabotage done by the Trump administration. Premiums in Iowa would be up 69 percent, Wyoming 65 percent and Utah 64 percent.
●Employer-based health insurance costs are forecast to rise in 2018 by the most since 2011, at 4.3 percent, according to the human resources consulting firm Mercer, and overall medical costs will be up 6.5 percent
Top of Page Bottom of Page PermalinkFull Name: Ausonius
Armageddon Updates:
Armageddon Updates:
In the hours after Congress approved the GOP tax cut plan, a handful of companies jumped to announce plans to share some of the proceeds on their employees and spend on infrastructure. Boeing was first out of the gate, followed by AT&T, which said it would give more than 200,000 unionized employees a special bonus of $1,000 once the tax bill is signed. The company also said it would increase its capital expenditures by $1 billion.
Both Fifth Third Bancorp and Wells Fargo followed, saying they would raise their minimum wage to $15 an hour. Fifth Third said it would also give workers a bonus, and Wells Fargo said it would give $400 million to community and nonprofit organizations next year.
Comcast, which owns CNBC parent NBCUniversal, said it would pay 100,000 frontline and non-executive employees special $1,000 bonuses. The company also said it is making the move because of the FCC’s recent change in broadband rules and tax reform. It also said it plans to spend well in excess of $50 billion over the next five years on infrastructure improvements.
“This is exciting stuff. This is good. This is not just a whole bunch of guys saying I can buy back a lot of stock here and jazz up my numbers through financial engineering. This is a bunch of business leaders saying we can use this tax benefit to grow our company, keep our loyal employees and assist the community,” said Dick Bove, banking analyst at Vertical Group.
https://www.cnbc.com/2017/12/20/this-is-just-the-start-of-companies-incr...
"Not to mention anyone on the Health Exchanges is going to be in for a big shock next year"
Right. Because they haven't been going up that much (or more) anyway.
Nothing more delicious than watching the agony of the left what the government doesn't get all of the money "it deserves".
Top of Page Bottom of Page PermalinkFull Name: Lucky Day
Congrats on having the estate
Congrats on having the estate tax repealed Thom.
Top of Page Bottom of Page PermalinkFull Name: always
will he actually sign it this
will he actually sign it this year? if he waits then the Medicare cuts dont happen in an election year.
Top of Page Bottom of Page PermalinkFull Name: El Nino
Since the corporate tax cuts
Since the corporate tax cuts are permanent why did those companies give a one time bonus instead of raises?????
Top of Page Bottom of Page PermalinkFull Name: New & Improved
Curious to hear Thom's
Curious to hear Thom's thoughts regarding the $1T+ debt incurred.
Top of Page Bottom of Page PermalinkFull Name: always
PR window dressing for XMAS
PR window dressing for XMAS dinner conversations
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: ________
1. lower taxes
1. lower taxes
2. start a war
3. profit
Top of Page Bottom of Page PermalinkFull Name: Sideshow Bob
Early 2000's our State's
Early 2000's our State's Republican Gov signed repeated "tax cuts" into law, giving most folks $200 - $300, now our state is in complete financial Ruin, but of course Republicans blame the convenient scapegoats - State employees & their pensions/healthcare.
Oh and don't forget, Thom is a Gov't employee with a pension & health benefits . . . who Zones on his employer's Dime . . .
Top of Page Bottom of Page PermalinkFull Name: long live the dead
Debt will be insane
Debt will be insane
These guys sure I can pull the wool over the common folk
Because the one percenters are getting over like the motherfuckers that they are
we did it to stimulate the economy like it is not actually raging right now LOL oh LOL
ASSHOLES
n IDIOTS ( high thom )
Top of Page Bottom of Page PermalinkFull Name: AK Dread
>>>>Right. Because they
>>>>Right. Because they haven't been going up that much (or more) anyway.
They went down in Alaska.
It's funny how AT&T is giving out bonuses and not pay raises. I wonder if they can write off the bonus?
Top of Page Bottom of Page PermalinkFull Name: Thumbkinetic
This is not just a whole
This is not just a whole bunch of guys saying I can buy back a lot of stock here and jazz up my numbers through financial engineering.<<
That was two weeks ago when actual CEO/CFO types were asked what they were going to do. By a Trumpkin.
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: Ausonius
More Armageddon Updates
More Armageddon Updates
New Braunfels-based Rush Enterprises is planning to give each of its employees a $1,000 bonus after President Donald Trump signs the tax reform bill into law. The commercial truck dealer said all of its approximately 6,600 U.S. employees will receive the one-time payout — which will cost about $6.6 million. “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,” said Rush Enterprises’ Chief Financial Officer Steven Keller. “We chose to share it with the people because it’s the right thing to do.” Rush Enterprises President and CEO W.M. “Rusty” Rush said in a statement “we believe tax reform to be beneficial for Rush Enterprises, our communities and overall economic growth.”
http://www.expressnews.com/business/local/article/Rush-Enterprises-joins...
Associated Bank said Thursday it will boost its minimum hourly wage to $15 and pay workers a $500 bonus when the recently passed federal tax reform is signed, making it the first major Wisconsin firm to announce it is joining the list of companies saying their employees will directly benefit from the legislation. The Green Bay-based bank, the largest financial institution headquartered in the state, said it will raise its minimum wage to $15 an hour from $10 — a 50% boost — and distribute the one-time bonus to all hourly, non-commissioned employees once the tax legislation is signed into law. The company said the moves would affect about 55% of its workers. Associated has about 4,400 employees, with 3,400 of them in Wisconsin.
https://www.jsonline.com/story/money/business/2017/12/21/associated-bank...
Idaho health care and home products company Melaleuca Inc. announced Thursday that it will be the latest major business to give its workers bonuses in response to President Donald Trump’s tax cuts. Melaleuca CEO Frank VanderSloot said in a phone interview that his 2,000 workers will get a one-time bonus of $100 for every year they have worked at the company. On average, Melaleuca employees stay at the company eight years – which would result in an $800 bonus. The company also has 147 employees who have worked for VanderSloot for 20 years or more. “We’re going to be able to have quite a few substantial dollars after taxes,” VanderSloot said. “I suspect we’re one of the largest taxpayers in the state, so we’re going to have some more dollars to spread around. That money should go to the people who built the company.”
http://www.spokesman.com/stories/2017/dec/21/idaho-company-to-offer-bonu...
Royal Hawaiian Heritage Jewelry has been in business for about 40 years. And owner Jackie Breeden is hoping a sweeping tax overhaul approved by Congress and headed to the president’s desk will help her expand operations beyond her stores at Pearlridge Center and on Bishop Street, and a single neighbor island outlet in Kona. “I’m from Kauai so I would like to open up a shop back on the island of Kauai and on the west side of Honolulu as well, and be back in Maui. Before we were on all the islands,” she said.
http://www.hawaiinewsnow.com/story/37123540/hiring-expansions-hawaii-sma...
The sky is falling.
Additionally...
The new $10,000 cap on state and local tax deductions will have a less dramatic effect than feared because such deductions in many cases had already been rendered moot by the alternative minimum tax (AMT), a mechanism for assuring that the well-heeled pay at least 26 percent of their income in taxes.
https://www.reuters.com/article/us-usa-tax-tech-workers/in-silicon-valle...
It's just a tragedy that the government isn't getting all of the money.
Top of Page Bottom of Page PermalinkFull Name: Don Volume
That's great for Jackie
That's great for Jackie Breeden, because nobody needs Hawaiian jewelry more than poor folks.
Top of Page Bottom of Page PermalinkFull Name: gypsy tailwind
"You down with GOP? YEAH YOU
"You down with GOP? Yeah, (you know me)"
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune
thom, isn't adding a TRILLION
thom, isn't adding a TRILLION to the national deficit "bad"? and not very "conservative"?
Top of Page Bottom of Page PermalinkFull Name: nebulous nelly
>The new $10,000 cap on state and local tax deductions will have a less dramatic effect than feared because such deductions in many cases had already been rendered moot by the alternative minimum tax (AMT), a mechanism for assuring that the well-heeled pay at least 26 percent of their income in taxes<
I, and most of my neighbors, pay more than $10,000 a year in property taxes, that does not include state income tax. I don't make near enough to be affected by the AMT, so this issue affects me and many households in NJ.
>>It's just a tragedy that the government isn't getting all of the money<<
Sure will be when Social security, Medicare are cut.
Butyou don't care about those less fortunate than yourself, do you Thom?
And...
Top of Page Bottom of Page PermalinkFull Name: Sun so hot, clouds so low
I’ve said it before. The goal
I’ve said it before. The goal is to crash the US economy and by up all the stock at pennies on the dollar. What they are not expecting is a violent uprising from the people.
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: AK Dread
Still only a few that are
Still only a few that are actually increasing pay. And it’s only on their minimum wages. Most of these are one time bonuses.
Top of Page Bottom of Page PermalinkFull Name: Oaksterdam Dan
Thom all companies paying
Thom most companies paying bonuses within 24-hours of tax cuts all have business in front of the government such as mergers (AT&T), regulatory fines (Wells Fargo) & Boeing (import/export bank).
We call that bribery in America!
Nice spinning class you teach.
Top of Page Bottom of Page PermalinkFull Name: Druba
Top of Page Bottom of Page PermalinkFull Name: Imagine
...