Add PNC Bank to the List

[Dont Taz Me Bro]

Of companies hoarding all that extra cash they just got from the corporate tax break and handing out big fat dividends to their millionaire shareholders, just like Democrats said they would.

Oh..... wait.......

The company said it will provide an additional $1000 cash payment to 47,500 employees and $1,500 to their existing pension accounts.

The cash payment to 47,500 employees was estimated to reach 90% of PNC employees. It is set for all employees below an unspecified compensation band.

PNC Financial Services said they will raise the minimum pay rate to $15-an-hour by the end of 2018.

PNC Bank Announces Employee Cash bonuses After Tax Reform Bill

 

[mamooth]

If it's like very similar AT&T announcement, the union had already negotiated the bonuses, and the management conveniently lied about it in order to suck up to Trump.

Remember, corporations don't give money away unless they have to.

 

[Fort Fun Indiana]

Of companies hoarding all that extra cash they just got from the corporate tax break and handing out big fat dividends to their millionaire shareholders, just like Democrats said they would.

Oh..... wait.......

The company said it will provide an additional $1000 cash payment to 47,500 employees and $1,500 to their existing pension accounts.

The cash payment to 47,500 employees was estimated to reach 90% of PNC employees. It is set for all employees below an unspecified compensation band.

PNC Financial Services said they will raise the minimum pay rate to $15-an-hour by the end of 2018.

PNC Bank Announces Employee Cash bonuses After Tax Reform Bill

Add PNC Bank to the list of businesses run by people much smarter than Trump will ever be who know exactly how to extract the deregulation they want from him.

 

[Lewdog]

These banks are making a payoff to the government for getting rid of Barney/Frank regulations.

 

[Fort Fun Indiana]

These banks are making a payoff to the government for getting rid of Barney/Frank regulations.

100% correct.

 

[frigidweirdo]

Of companies hoarding all that extra cash they just got from the corporate tax break and handing out big fat dividends to their millionaire shareholders, just like Democrats said they would.

Oh..... wait.......

The company said it will provide an additional $1000 cash payment to 47,500 employees and $1,500 to their existing pension accounts.

The cash payment to 47,500 employees was estimated to reach 90% of PNC employees. It is set for all employees below an unspecified compensation band.

PNC Financial Services said they will raise the minimum pay rate to $15-an-hour by the end of 2018.

PNC Bank Announces Employee Cash bonuses After Tax Reform Bill

What about when the next recession hits hard? Oh, wait, Republicans will be able to pretend it's not their fault AGAIN.

Why is it that most Republican presidents end up with higher unemployment when they leave office than when they arrived? Could it be because they pump the economy to get elected the second time, and don't give a stuff about what happens after?

 

[airplanemechanic]

Dude, the stock market is up 5000pts for the year, an all time one year record. Housing hit an all time high today, Trump is breaking records left and right. He repealed the highly illegal mandatory Obamacare tax. He's doing fucking awesome if you ask me.

He's actually keeping his campaign promises, unlike Obozo. Let's compare Obozos tax cut plan. The liberals say they are for the middle class, I didn't see middle class tax cuts during Obama's 8 years or Clintons 8 years. So shut the fuck up you fucking liberal shitheads.

At this point the left is flopping around like a fish on the beach, trying desperately to get back to the water with a gasp of air left.

 

[Dont Taz Me Bro]

If it's like very similar AT&T announcement, the union had already negotiated the bonuses, and the management conveniently lied about it in order to suck up to Trump.

Remember, corporations don't give money away unless they have to.

PNC isn’t unionized, tard

 

[Dont Taz Me Bro]

What about when the next recession hits hard?

This would trigger a recession how exactly?

 

[frigidweirdo]

What about when the next recession hits hard?

This would trigger a recession how exactly?

Ever heard the expression, the higher you go, the harder you fall?

Why do you think the last recession was so bad and so long? It was in part due to tax cuts by Bush, increased military spending and the like.

They've learned NOTHING from last time, they don't even care. It's all about "winning" and the rich get to repossess houses in recessions, get cheaper workers, screw over the working classes again and again.